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Shares of Starbucks Corp. (SBUX) slipped 3.21% to $107.57 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.41% to 4,677.03 and Dow Jones Industrial Average falling 0.01% to 36,231.66. Starbucks Corp. closed $18.75 below its 52-week high ($126.32), which the company achieved on July 23rd.
The stock underperformed when compared to some of its competitors Friday, as PepsiCo Inc. (PEP) rose 0.13% to $174.08, McDonald's Corp. (MCD) fell 0.98% to $267.06, and Yum! Brands Inc. (YUM) fell 1.15% to $135.35. Trading volume (11.2 M) eclipsed its 50-day average volume of 7.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 7, 2022.
(END) Dow Jones Newswires
January 07, 2022 17:22 ET (22:22 GMT)
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