DJ Starbucks Corp. Stock Falls Monday, Underperforms Market
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Shares of Starbucks Corp. $(SBUX)$ shed 0.13% to $119.18 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.23% to 4,468.73 and the Dow Jones Industrial Average rising 0.76% to 34,869.63. The stock's fall snapped a three-day winning streak. Starbucks Corp. closed $7.14 short of its 52-week high ($126.32), which the company reached on July 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as PepsiCo Inc. $(PEP)$ rose 0.19% to $155.76, McDonald's Corp. $(MCD)$ rose 0.85% to $241.21, and Yum! Brands Inc. $(YUM)$ fell 0.65% to $129.05. Trading volume (4.1 M) remained 1.2 million below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 13, 2021.
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September 13, 2021 17:21 ET (21:21 GMT)
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