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Shares of Starbucks Corp. SBUX rallied 1.82% to $79.62 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.92% to 3,863.16 and the Dow Jones Industrial Average DJIA rising 2.15% to 31,288.26. This was the stock's third consecutive day of gains. Starbucks Corp. closed $46.70 short of its 52-week high ($126.32), which the company reached on July 23rd.
The stock outperformed some of its competitors Friday, as PepsiCo Inc. PEP rose 0.08% to $171.12, McDonald's Corp. MCD rose 0.95% to $255.01, and Yum! Brands Inc. YUM rose 1.11% to $118.15. Trading volume (5.6 M) remained 4.6 million below its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 15, 2022.
(END) Dow Jones Newswires
July 15, 2022 17:20 ET (21:20 GMT)
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