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Shares of Starbucks Corp. (SBUX) slipped 3.96% to $73.49 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 3.20% to 3,991.24 and Dow Jones Industrial Average falling 1.99% to 32,245.70. This was the stock's third consecutive day of losses. Starbucks Corp. closed $52.83 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 Monday, as PepsiCo Inc. (PEP) rose 0.76% to $171.70, McDonald's Corp. (MCD) fell 1.31% to $247.49, and Yum! Brands Inc. (YUM) fell 4.58% to $110.10. Trading volume (12.8 M) eclipsed its 50-day average volume of 11.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2022.
(END) Dow Jones Newswires
May 09, 2022 17:19 ET (21:19 GMT)
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