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Starbucks Corp. shares SBUX,
slipped 1.51% to $ 101.81 on Monday, on what turned out to be a mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
up 0.09% to 31,521.69 and the S&P 500 SPX index,
down 0.77% to 3,876.50. It was the second consecutive day of losses for the action. Starbucks Corp. closed $ 5.94 below its 52-week high ($ 107.75), which the company hit on Jan.4.
The stock underperformed some of its rivals on Monday, such as PepsiCo Inc. PEP,
fell 0.39% to $ 131.99, McDonald’s Corp. MCD,
fell 0.08% to $ 212.06, and Yum! Brands Inc. YUM,
fell 0.11% to $ 105.01. Trade volume (5.2 M) remained 543 445 lower than its 50-day average volume of 5.7 M.
Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.
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