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Shares of Starbucks Corp. (SBUX) shed 2.23% to $100.12 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.08% to 4,662.85 and the Dow Jones Industrial Average falling 0.56% to 35,911.81. This was the stock's sixth consecutive day of losses. Starbucks Corp. closed $26.20 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 Friday, as PepsiCo Inc. (PEP) rose 0.84% to $175.64, McDonald's Corp. (MCD) fell 1.42% to $257.71, and Yum! Brands Inc. (YUM) fell 1.36% to $127.06. Trading volume (13.6 M) eclipsed its 50-day average volume of 7.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 14, 2022.
(END) Dow Jones Newswires
January 14, 2022 17:22 ET (22:22 GMT)
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