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Shares of Starbucks Corp. (SBUX) sank 0.16% to $103.87 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,726.35 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. This was the stock's fourth consecutive day of losses. Starbucks Corp. closed $22.45 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 Wednesday, as PepsiCo Inc. (PEP) fell 0.11% to $173.90, McDonald's Corp. (MCD) fell 0.46% to $260.92, and Yum! Brands Inc. (YUM) fell 1.16% to $129.15. Trading volume (11.8 M) eclipsed its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2022.
(END) Dow Jones Newswires
January 12, 2022 17:22 ET (22:22 GMT)
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