DJ Starbucks Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Starbucks Corp. $(SBUX)$ slipped 2.08% to $83.71 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.17% to 5,396.63 and Dow Jones Industrial Average falling 0.38% to 40,368.96.
The stock's fall snapped a two-day winning streak.
Starbucks Corp. closed 28.73% short of its 52-week high of $117.46, which the company reached on March 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Coca-Cola Co. $(KO)$ fell 0.81% to $71.86, PepsiCo Inc. $(PEP)$ fell 2.66% to $142.84, and McDonald's Corp. $(MCD)$ fell 1.14% to $312.48.
Trading volume (7.1 M) remained 3.9 million below its 50-day average volume of 11.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 15, 2025.
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(END) Dow Jones Newswires
April 15, 2025 16:38 ET (20:38 GMT)
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