Starbucks Corp. Stock Underperforms Thursday When Compared To Competitors
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Starbucks Corp. (SBUX) shares fell 2.38% to $96.76 on Thursday, underperforming compared to competitors like Coca-Cola, which rose 0.51%, and McDonald's, which increased by 2.74%. The S&P 500 Index dropped 1.57%, and the Dow Jones fell 1.34%. Starbucks is currently 17.62% below its 52-week high of $117.46 reached on March 3rd. Trading volume was 9.5 million, below the 50-day average of 9.9 million.
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