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Shares of Starbucks Corp. (SBUX) slipped 2.53% to $74.64 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 3.63% to 4,131.93 and Dow Jones Industrial Average falling 2.77% to 32,977.21. Starbucks Corp. closed $51.68 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 Friday, as PepsiCo Inc. (PEP) fell 3.26% to $171.71, McDonald's Corp. (MCD) fell 1.98% to $249.16, and Yum! Brands Inc. (YUM) fell 2.10% to $117.01. Trading volume (9.2 M) remained 789,240 below its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 29, 2022.
(END) Dow Jones Newswires
April 29, 2022 17:19 ET (21:19 GMT)
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