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Shares of Starbucks Corp. (SBUX) inched 0.63% higher to $111.14 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.10% to 4,696.05 and Dow Jones Industrial Average falling 0.47% to 36,236.47. The stock's rise snapped a three-day losing streak. Starbucks Corp. closed $15.18 short of its 52-week high ($126.32), which the company achieved on July 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as PepsiCo Inc. (PEP) rose 0.02% to $173.86, McDonald's Corp. (MCD) rose 0.94% to $269.69, and Yum! Brands Inc. (YUM) rose 1.03% to $136.92. Trading volume (6.1 M) remained 1.1 million below its 50-day average volume of 7.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2022.
(END) Dow Jones Newswires
January 06, 2022 17:22 ET (22:22 GMT)
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