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Shares of Starbucks Corp. (SBUX) advanced 1.19% to $88.31 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.73% to 4,280.15 and the Dow Jones Industrial Average rising 1.27% to 33,761.05. This was the stock's third consecutive day of gains. Starbucks Corp. closed $32.45 below its 52-week high ($120.76), which the company reached on September 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as PepsiCo Inc. (PEP) rose 1.31% to $177.33, McDonald's Corp. (MCD) rose 1.12% to $262.18, and Yum! Brands Inc. (YUM) rose 0.38% to $118.16. Trading volume (5.2 M) remained 2.0 million below its 50-day average volume of 7.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 12, 2022.
(END) Dow Jones Newswires
August 12, 2022 17:19 ET (21:19 GMT)
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