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Shares of Starbucks Corp. (SBUX) slipped 0.71% to $85.28 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. The stock's fall snapped a two-day winning streak. Starbucks Corp. closed $32.52 below its 52-week high ($117.80), which the company reached on January 3rd.
The stock underperformed when compared to some of its competitors Thursday, as PepsiCo Inc. (PEP) fell 0.11% to $178.88, McDonald's Corp. (MCD) rose 3.31% to $265.11, and Yum! Brands Inc. (YUM) rose 1.46% to $113.91. Trading volume (9.5 M) eclipsed its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.
(END) Dow Jones Newswires
October 27, 2022 17:22 ET (21:22 GMT)
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