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Shares of Starbucks Corp. (SBUX) shed 1.88% to $104.04 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.92% to 4,713.07 and the Dow Jones Industrial Average rising 0.51% to 36,252.02. This was the stock's third consecutive day of losses. Starbucks Corp. closed $22.28 below 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 Tuesday, as PepsiCo Inc. (PEP) fell 0.05% to $174.09, McDonald's Corp. (MCD) fell 0.87% to $262.12, and Yum! Brands Inc. (YUM) fell 2.10% to $130.66. Trading volume (13.0 M) eclipsed its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2022.
(END) Dow Jones Newswires
January 11, 2022 17:22 ET (22:22 GMT)
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