Starbucks Corp. Stock Falls Monday, Underperforms Market

Qurate Retail Inc

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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Value

Company profile

Qurate Retail, Inc. is engaged in the video and online commerce industries in North America, Europe and Asia. The Company operates through its subsidiaries, QVC, Inc. (QVC), which includes, HSN, Inc. (HSN), Zulily, LLC (Zulily), and Cornerstone Brands, Inc. (Cornerstone). Its segments include QxH, QVC International, and Zulily. QxH segment consists of QVC U.S. and HSN, which offers a variety of consumer products in the United States, primarily by means of their televised shopping programs and through their Websites and mobile applications (app). QVC International segment offers a variety of consumer products in several foreign countries, primarily by means of its televised shopping programs and through its international Websites and mobile apps. Zulily segment markets and sells a variety of consumer products in the United States and several foreign countries through flash sales events, primarily through its app, mobile and desktop experiences.

Starbucks Corp. Stock Falls Monday, Underperforms Market

5:22 pm ET January 10, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Starbucks Corp. (SBUX) slipped 1.43% to $106.03 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. This was the stock's second consecutive day of losses. Starbucks Corp. closed $20.29 short of its 52-week high ($126.32), which the company reached on July 23rd.

The stock underperformed when compared to some of its competitors Monday, as PepsiCo Inc. (PEP) rose 0.05% to $174.17, McDonald's Corp. (MCD) fell 0.99% to $264.41, and Yum! Brands Inc. (YUM) fell 1.40% to $133.46. Trading volume (8.5 M) eclipsed its 50-day average volume of 7.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.

-MarketWatch Automation

(END) Dow Jones Newswires

January 10, 2022 17:22 ET (22:22 GMT)