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Starbucks (SBUX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
StarbucksStarbucks(US:SBUX) ZACKS·2024-07-26 06:50

Starbucks (SBUX) closed the latest trading day at $73.53, indicating a -1.55% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.51%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, lost 0.93%.Heading into today, shares of the coffee chain had lost 5.65% over the past month, lagging the Retail-Wholesale sector's loss of 2.37% and the S&P 500's loss of 0.26% in that time.Investors will be eagerly watching for the performance of Starbucks in its upcomi ...