Starbucks Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Starbucks Corp. (SBUX) inched 0.91% higher to $71.93 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. Starbucks Corp. closed $54.39 below its 52-week high ($126.32), which the company achieved on July 23rd.
The stock outperformed some of its competitors Thursday, as PepsiCo Inc. (PEP) fell 1.50% to $161.20, McDonald's Corp. (MCD) fell 0.89% to $229.00, and Yum! Brands Inc. (YUM) rose 0.47% to $109.97. Trading volume (11.2 M) remained 487,903 below its 50-day average volume of 11.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 17:19 ET (21:19 GMT)
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