DJ Starbucks Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Starbucks Corp. $(SBUX)$ rose 2.44% to $102.50 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's second consecutive day of gains.
Starbucks Corp. closed $1.10 below its 52-week high ($103.60), which the company achieved on November 24th.
The stock outperformed some of its competitors Friday, as Coca-Cola Co. $(KO)$ rose 0.25% to $63.92, PepsiCo Inc. $(PEP)$ rose 1.04% to $162.00, and McDonald's Corp. $(MCD)$ rose 0.63% to $290.28.
Trading volume (6.5 M) remained 1.4 million below its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:42 ET (21:42 GMT)
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