Starbucks Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Starbucks Corp. (SBUX) slumped 0.27% to $95.32 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.54% to 4,326.51 and Dow Jones Industrial Average falling 0.02% to 34,160.78. This was the stock's third consecutive day of losses. Starbucks Corp. closed $31.00 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 Thursday, as PepsiCo Inc. (PEP) fell 0.09% to $169.37, McDonald's Corp. (MCD) fell 0.44% to $248.74, and Yum! Brands Inc. (YUM) fell 0.27% to $119.82. Trading volume (7.3 M) remained 658,426 below its 50-day average volume of 8.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2022.
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January 27, 2022 17:22 ET (22:22 GMT)
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