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Shares of Starbucks Corp. (SBUX) slid 2.09% to $114.24 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.59% to 36,799.65 and the S&P 500 Index falling 0.06% to 4,793.54. This was the stock's second consecutive day of losses. Starbucks Corp. closed $12.08 short of its 52-week high ($126.32), which the company achieved on July 23rd.
The stock underperformed when compared to some of its competitors Tuesday, as PepsiCo Inc. (PEP) rose 0.14% to $173.23, McDonald's Corp. (MCD) fell 0.03% to $268.51, and Yum! Brands Inc. (YUM) rose 0.53% to $137.26. Trading volume (8.4 M) eclipsed its 50-day average volume of 7.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2022.
(END) Dow Jones Newswires
January 04, 2022 17:24 ET (22:24 GMT)
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