DJ Starbucks Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Starbucks Corp. $(SBUX)$ slipped 1.27% to $86.99 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.53% to 5,939.30 and Dow Jones Industrial Average falling 0.25% to 42,319.74.
The stock's fall snapped a three-day winning streak.
Starbucks Corp. closed 25.94% short of its 52-week high of $117.46, which the company achieved on March 3rd.
The stock underperformed when compared to some of its competitors Thursday, as Coca-Cola Co. $(KO)$ fell 0.64% to $70.91, PepsiCo Inc. $(PEP)$ fell 0.48% to $131.11, and McDonald's Corp. $(MCD)$ fell 0.83% to $308.98.
Trading volume (8.4 M) remained 3.6 million below its 50-day average volume of 12.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 5, 2025.
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(END) Dow Jones Newswires
June 05, 2025 16:40 ET (20:40 GMT)
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