This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Starbucks Corp. (SBUX) slid 0.88% to $96.87 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.97% to 4,532.76 and Dow Jones Industrial Average falling 0.96% to 35,028.65. This was the stock's eighth consecutive day of losses. Starbucks Corp. closed $29.45 below its 52-week high ($126.32), which the company reached on July 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as PepsiCo Inc. (PEP) rose 0.72% to $175.21, McDonald's Corp. (MCD) fell 0.49% to $255.22, and Yum! Brands Inc. (YUM) fell 1.49% to $124.50. Trading volume (10.8 M) eclipsed its 50-day average volume of 7.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2022.
(END) Dow Jones Newswires
January 19, 2022 17:22 ET (22:22 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.