DJ Starbucks Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Starbucks Corp. $(SBUX)$ shed 2.30% to $80.30 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.07% to 5,659.91 and Dow Jones Industrial Average falling 0.29% to 41,249.38.
This was the stock's third consecutive day of losses.
Starbucks Corp. closed 31.64% short of its 52-week high of $117.46, which the company reached on March 3rd.
The stock underperformed when compared to some of its competitors Friday, as Coca-Cola Co. $(KO)$ fell 0.91% to $70.52, PepsiCo Inc. $(PEP)$ fell 0.75% to $130.44, and McDonald's Corp. $(MCD)$ rose 0.06% to $313.68.
Trading volume (8.2 M) remained 3.8 million below its 50-day average volume of 12.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2025.
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(END) Dow Jones Newswires
May 09, 2025 16:40 ET (20:40 GMT)
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