Starbucks Corp. Stock Underperforms Monday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Starbucks Corp. (SBUX) slipped 0.59% to $86.59 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.75% to 3,871.98 and Dow Jones Industrial Average falling 0.39% to 32,732.95. Starbucks Corp. closed $31.21 below its 52-week high ($117.80), which the company achieved on January 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as PepsiCo Inc. (PEP) fell 0.36% to $181.58, McDonald's Corp. (MCD) fell 0.68% to $272.66, and Yum! Brands Inc. (YUM) rose 0.31% to $118.25. Trading volume (7.4 M) remained 665,376 below its 50-day average volume of 8.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 31, 2022.
(END) Dow Jones Newswires
October 31, 2022 17:22 ET (21:22 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.