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Shares of Starbucks Corp. SBUX rose 4.25% to $87.27 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.56% to 4,155.17 and the Dow Jones Industrial Average DJIA rising 1.29% to 32,812.50. Starbucks Corp. closed $33.49 short of its 52-week high ($120.76), which the company achieved on September 10th.
The stock outperformed some of its competitors Wednesday, as PepsiCo Inc. PEP rose 0.76% to $176.83, McDonald's Corp. MCD rose 0.40% to $262.09, and Yum! Brands Inc. YUM fell 1.90% to $119.81. Trading volume (12.9 M) eclipsed its 50-day average volume of 8.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2022.
(END) Dow Jones Newswires
August 03, 2022 17:20 ET (21:20 GMT)
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