Shares in Starbucks Corp.
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
rising 0.47% to 3,934.83 and the Dow Jones Industrial Average
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.
fell 0.81% to $ 133.87, McDonald’s Corp.
fell 0.17% to $ 213.90, and Yum! Brands Inc.
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.