Starbucks Corp. Stock Falls Thursday, Underperforms Market

Pyxis Tankers Equity Warrant Exp 19th Aug 2025 *W EXP 08/19/2025

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PXSAW Pyxis Tankers Equity Warrant Exp 19th Aug 2025 *W EXP 08/19/2025

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Industrials : Marine | Small Cap Value
Based in Greece

Company profile

Pyxis Tankers Inc. is a maritime transportation holding company. The Company is focused on the product tanker sector. It owns a fleet of six double hull product tankers: Pyxis Epsilon with carrying capacity of approximately 50,295 deadweight tonnage (dwt); Pyxis Theta with carrying capacity of approximately 51,795 dwt, Pyxis Malou with carrying capacity of over 50,667 dwt; Pyxis Delta with carrying capacity of approximately 46,616 dwt; Northsea Beta with carrying capacity of over 8,647 dwt, and Northsea Alpha with carrying capacity of approximately 8,615 dwt. Four of the Company's vessels in the fleet are medium-range (MR), product tankers, three have eco-efficient or eco-modified designs, and two of them are short-range tanker sister ships. Its fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel and fuel oil, as well as other liquid bulk items, such as vegetable oils and organic chemicals.

Starbucks Corp. Stock Falls Thursday, Underperforms Market

5:19 pm ET May 5, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Starbucks Corp. (SBUX) slid 5.10% to $77.48 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 3.56% to 4,146.87 and Dow Jones Industrial Average falling 3.12% to 32,997.97. Starbucks Corp. closed $48.84 below its 52-week high ($126.32), which the company achieved on July 23rd.

The stock underperformed when compared to some of its competitors Thursday, as PepsiCo Inc. (PEP) fell 2.00% to $170.39, McDonald's Corp. (MCD) fell 2.12% to $248.92, and Yum! Brands Inc. (YUM) fell 2.42% to $115.62. Trading volume (19.1 M) eclipsed its 50-day average volume of 10.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2022.

-MarketWatch Automation

(END) Dow Jones Newswires

May 05, 2022 17:19 ET (21:19 GMT)