Starbucks Corp shares fall on Monday, underperforming the market

Shares of Starbucks Corp. SBUX,
-1.51%
fell 1.51% to $ 101.81 on Monday in what proved to be a fully mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA
+ 0.09%
increasing 0.09% to 31,521.69 and the S&P 500 SPX index,
-0.77%
falling 0.77% to 3,876.50. This was the second consecutive day of losses from the stock. Starbucks Corp. closed $ 5.94 below its 52-week high ($ 107.75), which the company reached on Jan. 4.

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

Editor’s note: this story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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