Starbucks Corp. stock outperforms market on strong trading day

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Shares of Starbucks Corp. SBUX, +0.64% inched 0.64% higher to $118.79 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.46% falling 0.46% to 4,493.28 and Dow Jones Industrial Average DJIA, -0.43% falling 0.43% to 34,879.38. This was the stock’s second consecutive day of gains. Starbucks Corp. closed $7.53 below its 52-week high ($126.32), which the company reached on July 23rd.

The stock outperformed some of its competitors Thursday, as PepsiCo Inc. PEP, -0.63% fell 0.63% to $155.73, McDonald’s Corp. MCD, -0.00% fell 0.00% to $238.61, and Yum! Brands Inc. YUM, -0.72% fell 0.72% to $129.25. Trading volume (4.7 M) remained 616,414 below its 50-day average volume of 5.3 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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