DJ Starbucks Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Starbucks Corp. $(SBUX)$ shed 1.39% to $95.72 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
This was the stock's second consecutive day of losses.
Starbucks Corp. closed 18.51% 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 Monday, as Coca-Cola Co. $(KO)$ rose 0.41% to $68.95, PepsiCo Inc. $(PEP)$ rose 0.69% to $146.45, and McDonald's Corp. $(MCD)$ rose 0.08% to $305.67.
Trading volume (8.2 M) remained 2.0 million below its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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(END) Dow Jones Newswires
March 24, 2025 16:37 ET (20:37 GMT)
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