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Starbucks Corp. Stock Rises Friday, Still Underperforms Market

5:21 pm ET October 28, 2022 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Starbucks Corp. (SBUX) advanced 2.13% to $87.10 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. Starbucks Corp. closed $30.70 short of its 52-week high ($117.80), which the company reached on January 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as PepsiCo Inc. (PEP) rose 1.87% to $182.23, McDonald's Corp. (MCD) rose 3.55% to $274.52, and Yum! Brands Inc. (YUM) rose 3.49% to $117.88. Trading volume (8.2 M) eclipsed its 50-day average volume of 8.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.

	

(END) Dow Jones Newswires

October 28, 2022 17:21 ET (21:21 GMT)

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