Starbucks Corp. Stock Rises Monday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Starbucks Corp. (SBUX) inched 0.04% higher to $97.42 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. This was the stock's third consecutive day of gains. Starbucks Corp. closed $20.38 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 0.74% to $176.73, McDonald's Corp. (MCD) rose 0.32% to $272.27, and Yum! Brands Inc. (YUM) fell 0.59% to $122.60. Trading volume (8.5 M) remained 322,987 below its 50-day average volume of 8.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.
(END) Dow Jones Newswires
November 14, 2022 17:21 ET (22:21 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.