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Shares of Starbucks Corp. (SBUX) shed 1.42% to $102.40 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. This was the stock's fifth consecutive day of losses. Starbucks Corp. closed $23.92 short of its 52-week high ($126.32), which the company achieved on July 23rd.
The stock underperformed when compared to some of its competitors Thursday, as PepsiCo Inc. (PEP) rose 0.16% to $174.18, McDonald's Corp. (MCD) rose 0.19% to $261.41, and Yum! Brands Inc. (YUM) fell 0.26% to $128.81. Trading volume (9.8 M) eclipsed its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
(END) Dow Jones Newswires
January 13, 2022 17:22 ET (22:22 GMT)
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