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Shares of Starbucks Corp. (SBUX) rose 1.11% to $99.52 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's fourth consecutive day of gains. Starbucks Corp. closed $18.28 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) rose 0.13% to $185.08, McDonald's Corp. (MCD) fell 0.54% to $273.27, and Yum! Brands Inc. (YUM) rose 1.25% to $125.93. Trading volume (5.9 M) remained 2.3 million below its 50-day average volume of 8.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:22 ET (22:22 GMT)
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