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Shares of Starbucks Corp. (SBUX) inched 0.47% higher to $69.90 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.13% to 3,930.08 and Dow Jones Industrial Average falling 0.33% to 31,730.30. This was the stock's sixth consecutive day of losses. Starbucks Corp. closed $56.42 short of 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 0.15% to $170.40, McDonald's Corp. (MCD) fell 0.10% to $244.19, and Yum! Brands Inc. (YUM) rose 1.48% to $110.51. Trading volume (15.4 M) eclipsed its 50-day average volume of 11.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2022.
(END) Dow Jones Newswires
May 12, 2022 17:19 ET (21:19 GMT)
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