Starbucks Corp. Stock Remains Steady Tuesday, Still Outperforms Market
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Shares of Starbucks Corp. (SBUX) were unchanged Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. Starbucks Corp. closed $19.14 below its 52-week high ($117.80), which the company reached on January 3rd.
The stock outperformed some of its competitors Tuesday, as Coca-Cola Co. (KO) fell 0.35% to $62.48, PepsiCo Inc. (PEP) fell 0.71% to $182.59, and McDonald's Corp. (MCD) fell 0.54% to $271.41. Trading volume (4.4 M) remained 3.1 million below its 50-day average volume of 7.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.
(END) Dow Jones Newswires
November 29, 2022 17:35 ET (22:35 GMT)
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