Starbucks Corp. stock outperforms market on strong trading day

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Shares of Starbucks Corp. SBUX inched 0.32% higher to $106.98 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.03% to 33,743.84 and the S&P 500 Index SPX falling 0.02% to 4,016.22. This was the stock’s fourth consecutive day of gains. Starbucks Corp. closed $0.62 short of its 52-week high ($107.60), which the company achieved on January 17th.

The stock underperformed when compared to some of its competitors Wednesday, as Coca-Cola…