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Shares of Starbucks Corp. SBUX advanced 2.06% to $84.67 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.21% to 4,072.43 and the Dow Jones Industrial Average DJIA rising 1.03% to 32,529.63. This was the stock's second consecutive day of gains. Starbucks Corp. closed $38.80 below its 52-week high ($123.47), which the company reached on July 29th.
The stock outperformed some of its competitors Thursday, as PepsiCo Inc. PEP rose 1.89% to $174.84, McDonald's Corp. MCD rose 1.77% to $263.46, and Yum! Brands Inc. YUM rose 1.83% to $122.71. Trading volume (5.6 M) remained 2.8 million below its 50-day average volume of 8.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 28, 2022.
(END) Dow Jones Newswires
July 28, 2022 17:20 ET (21:20 GMT)
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