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Shares of Starbucks Corp. (SBUX) rallied 1.80% to $73.72 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.02% to 4,088.85 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. Starbucks Corp. closed $52.60 short of its 52-week high ($126.32), which the company achieved on July 23rd.
The stock outperformed some of its competitors Tuesday, as PepsiCo Inc. (PEP) fell 0.58% to $174.46, McDonald's Corp. (MCD) fell 0.99% to $241.63, and Yum! Brands Inc. (YUM) rose 0.26% to $112.47. Trading volume (12.4 M) eclipsed its 50-day average volume of 11.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 17:20 ET (21:20 GMT)
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