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Shares of Starbucks Corp. (SBUX) inched 0.62% higher to $96.31 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. The stock's rise snapped a nine-day losing streak. Starbucks Corp. closed $30.01 below its 52-week high ($126.32), which the company reached on July 23rd.
The stock outperformed some of its competitors Friday, as PepsiCo Inc. (PEP) rose 0.16% to $174.22, McDonald's Corp. (MCD) rose 0.58% to $254.59, and Yum! Brands Inc. (YUM) rose 0.50% to $124.24. Trading volume (13.4 M) eclipsed its 50-day average volume of 7.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 21, 2022.
(END) Dow Jones Newswires
January 21, 2022 17:22 ET (22:22 GMT)
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