Shares of Starbucks Corp. SBUX, -0.86% shed 0.86% to $88.69 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.53% rising 1.53% to 4,067.36 and the Dow Jones Industrial Average DJIA, +1.19% rising 1.19% to 32,151.71. The stock’s fall snapped a three-day winning streak. Starbucks Corp. closed $32.07 short of its 52-week high ($120.76), which the company achieved on September 10th.
The stock underperformed when compared to some of its competitors Friday, as PepsiCo Inc. PEP, +0.32% rose 0.32% to $173.22, McDonald’s Corp. MCD, -0.22% fell 0.22% to $259.52, and Yum! Brands Inc. YUM, -0.23% fell 0.23% to $116.09. Trading volume (7.1 M) eclipsed its 50-day average volume of 6.2 M.
