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Shares of Starbucks Corp. SBUX inched 0.13% higher to $84.78 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.42% to 4,130.29 and the Dow Jones Industrial Average DJIA rising 0.97% to 32,845.13. This was the stock's third consecutive day of gains. Starbucks Corp. closed $38.20 short of its 52-week high ($122.98), which the company reached on August 2nd.
The stock outperformed some of its competitors Friday, as PepsiCo Inc. PEP rose 0.07% to $174.96, McDonald's Corp. MCD fell 0.03% to $263.37, and Yum! Brands Inc. YUM fell 0.14% to $122.54. Trading volume (5.8 M) remained 2.5 million below its 50-day average volume of 8.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2022.
(END) Dow Jones Newswires
July 29, 2022 17:20 ET (21:20 GMT)
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