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Shares of Starbucks Corp. (SBUX) slumped 0.64% to $91.63 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. Starbucks Corp. closed $26.17 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 Wednesday, as PepsiCo Inc. (PEP) fell 1.20% to $178.55, McDonald's Corp. (MCD) fell 0.22% to $277.79, and Yum! Brands Inc. (YUM) fell 0.27% to $122.05. Trading volume (6.3 M) remained 2.5 million below its 50-day average volume of 8.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.
(END) Dow Jones Newswires
November 09, 2022 17:21 ET (22:21 GMT)
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