Starbucks Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Starbucks Corp. (SBUX) slid 0.25% to $116.68 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.64% to 4,796.56 and the Dow Jones Industrial Average rising 0.68% to 36,585.06. Starbucks Corp. closed $9.64 short of its 52-week high ($126.32), which the company reached on July 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as PepsiCo Inc. (PEP) fell 0.42% to $172.98, McDonald's Corp. (MCD) rose 0.19% to $268.58, and Yum! Brands Inc. (YUM) fell 1.68% to $136.53. Trading volume (5.5 M) remained 1.7 million below its 50-day average volume of 7.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2022.
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January 03, 2022 17:22 ET (22:22 GMT)
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