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Shares of Starbucks Corp. (SBUX) inched 0.98% higher to $75.37 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.57% to 4,155.38 and the Dow Jones Industrial Average rising 0.26% to 33,061.50. Starbucks Corp. closed $50.95 below its 52-week high ($126.32), which the company reached on July 23rd.
The stock outperformed some of its competitors Monday, as PepsiCo Inc. (PEP) fell 2.30% to $167.76, McDonald's Corp. (MCD) fell 1.01% to $246.64, and Yum! Brands Inc. (YUM) fell 1.07% to $115.76. Trading volume (12.4 M) eclipsed its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2022.
(END) Dow Jones Newswires
May 02, 2022 17:21 ET (21:21 GMT)
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