Starbucks Corps’ share falls Monday, underperforming the market

Shares of Starbucks Corp. SBUX,
-1.51%
slipped 1.51% to $ 101.81 on Monday, on what was an everyday mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.09%
by 0.09% to 31,521.69 and the S&P 500 Index SPX,
-0.77%
by 0.77% to 3,876.50. This was the second consecutive losing day of the stock. Starbucks Corp. closed at $ 5.94 as the 52-week high ($ 107.75), which the company reached on January 4th.

The stock underperformed some of its competitors Monday as PepsiCo Inc. PEP,
-0.39%
it fell 0.39% to $ 131.99, McDonald’s Corp. MCD,
-0.08%
it dropped 0.08% to $ 212.06, and Yum! Brands Inc. YUM,
-0.11%
it fell 0.11% to $ 105.01. The trading volume (5.2 million) remained 543 445 below the 50 day average volume of 5.7 million.

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

.Source