DJ Starbucks Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Starbucks Corp. $(SBUX)$ jumped 11.28% to $88.68 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 9.52% to 5,456.90 and the Dow Jones Industrial Average rising 7.87% to 40,608.45.
The stock's rise snapped a four-day losing streak.
Starbucks Corp. closed 24.50% short of its 52-week high of $117.46, which the company reached on March 3rd.
The stock outperformed some of its competitors Wednesday, as Coca-Cola Co. $(KO)$ rose 2.24% to $69.95, PepsiCo Inc. $(PEP)$ rose 3.77% to $145.59, and McDonald's Corp. $(MCD)$ rose 1.38% to $303.96.
Trading volume (26.6 M) eclipsed its 50-day average volume of 11.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.
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April 09, 2025 16:38 ET (20:38 GMT)
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