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Shares of Starbucks Corp. (SBUX) inched 0.38% higher to $98.32 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's second consecutive day of gains. Starbucks Corp. closed $19.48 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 Monday, as PepsiCo Inc. (PEP) rose 1.92% to $184.82, McDonald's Corp. (MCD) rose 0.42% to $274.52, and Yum! Brands Inc. (YUM) fell 0.47% to $124.02. Trading volume (4.5 M) remained 4.1 million below its 50-day average volume of 8.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:21 ET (22:21 GMT)
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