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Starbucks Corp. Stock Underperforms Monday When Compared To Competitors

Dow Jones12-24 05:43

DJ Starbucks Corp. Stock Underperforms Monday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Starbucks Corp. $(SBUX)$ slid 0.60% to $87.44 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.

This was the stock's eighth consecutive day of losses.

Starbucks Corp. closed $15.88 below its 52-week high ($103.32), which the company reached on November 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Coca-Cola Co. $(KO)$ fell 0.27% to $62.38, PepsiCo Inc. $(PEP)$ fell 0.98% to $151.29, and McDonald's Corp. $(MCD)$ fell 0.47% to $291.29.

Trading volume (9.2 M) eclipsed its 50-day average volume of 8.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

December 23, 2024 16:43 ET (21:43 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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