Shares of Starbucks Corp. SBUX, -0.96% dropped 0.96% to $100.04 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -1.16% falling 1.16% to 4,437.86 and Dow Jones Industrial Average DJIA, -1.02% falling 1.02% to 34,946.39.
Starbucks Corp. closed $15.44 below its 52-week high ($115.48), which the company reached on May 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Coca-Cola Co. KO, -0.67% fell 0.67% to $60.47, PepsiCo Inc. PEP, -1.24% fell 1.24% to $181.35, and McDonald’s Corp. MCD, -0.18% fell 0.18% to $288.30.
Trading volume (3.2 M) remained 3.5 million below its 50-day average volume of 6.7 M.