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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.
(END) Dow Jones Newswires
January 10, 2022 17:22 ET (22:22 GMT)
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