Why the Market Dipped But Starbucks (SBUX) Gained Today
Starbucks (SBUX) closed at $87.11 in the latest trading session, marking a +1.04% move from the prior day. This move outpaced the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw an upswing of 0.06%, while the tech-heavy Nasdaq depreciated by 0.52%.Shares of the coffee chain have depreciated by 6.9% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 2.01% and the S&P 500's loss of 1.66%.The investment community will be paying close attention to the earnings perform ...