Stock Market Analysis Today – Starbucks Corp. stock falls Thursday, still outperforms market
Shares of Starbucks Corp.
SBUX,
slumped 0.87% to $103.47 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
falling 2.45% to 3,829.34 and Dow Jones Industrial Average
DJIA,
falling 1.75% to 31,402.01. Starbucks Corp. closed $4.28 short of its 52-week high ($107.75), which the company achieved on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as PepsiCo Inc.
PEP,
fell 1.58% to $130.00, McDonald’s Corp.
MCD,
fell 1.09% to $210.95, and Yum! Brands Inc.
YUM,
rose 0.02% to $104.70. Trading volume (7.5 M) eclipsed its 50-day average volume of 5.7 M.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
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Stock Market Analysis Today – Starbucks Corp. stock falls Thursday, still outperforms market
