Starbucks Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Starbucks Corp. (SBUX) rose 1.01% to $97.95 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. The stock's rise snapped a two-day losing streak. Starbucks Corp. closed $19.85 short of 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 Friday, as PepsiCo Inc. (PEP) rose 0.72% to $181.33, McDonald's Corp. (MCD) rose 0.00% to $273.37, and Yum! Brands Inc. (YUM) rose 1.50% to $124.61. Trading volume (6.0 M) remained 2.6 million below its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 17:21 ET (22:21 GMT)
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