Starbucks Corp. shares fall Friday, underperforming the market

Shares in Starbucks Corp.
SBUX,
-0.53%

slipped 0.53% to $ 105.30 on Friday, on what turned out to be an all-around large trading session for the stock market with the S&P 500 Index
SPX,
+ 0.47%

rising 0.47% to 3,934.83 and the Dow Jones Industrial Average
DJIA,
+ 0.09%

increasing 0.09% to 31,458.40. This was the stock’s fifth consecutive day of losses. Starbucks Corp. closed at $ 2.45 below its 52-week high ($ 107.75), which the company reached on January 4th.

The stock showed a mixed performance compared to some of its competitors on Friday when PepsiCo Inc.
PEP,
-0.81%

fell 0.81% to $ 133.87, McDonald’s Corp.
MCD,
-0.17%

fell 0.17% to $ 213.90, and Yum! Brands Inc.
YUM,
-0.01%

fell 0.01% to $ 105.47. Trading volume (3.2 million) remained 2.7 million below the average 50-day volume of 5.9 million.

Editor’s Note: This story was automatically generated by Automated insight using data from Dow Jones and FactSet. See our Terms of Use for market data.

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