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Shares of Starbucks Corp. (SBUX) slid 1.19% to $95.72 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.10% to 4,482.73 and Dow Jones Industrial Average falling 0.89% to 34,715.39. This was the stock's ninth consecutive day of losses. Starbucks Corp. closed $30.60 below its 52-week high ($126.32), which the company reached on July 23rd.
The stock underperformed when compared to some of its competitors Thursday, as PepsiCo Inc. (PEP) fell 0.72% to $173.94, McDonald's Corp. (MCD) fell 0.82% to $253.13, and Yum! Brands Inc. (YUM) fell 0.71% to $123.62. Trading volume (20.3 M) eclipsed its 50-day average volume of 7.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 20, 2022.
(END) Dow Jones Newswires
January 20, 2022 17:22 ET (22:22 GMT)
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