Just when investors were getting a nice buzz from soaring stock price of Starbucks Corp. NASDAQ: SBUX and Dutch Bros Inc. NYSE: BROS, both stocks were whacked by rising coffee prices. Starbucks is down over 4% in the last 30 days and Dutch Bros is down over 12%.
Over the past year, several Wall Street companies have come under fire, characterized by consumer pushback over their stance on controversial global issues.
Shares of Starbucks Corp (NASDAQ:SBUX) have pulled back from their 52-week high to key support at their 50-day moving average and November peak. This retracement follows a gap higher after the company's Jan. 28 earnings report, with Friday's low holding just above the initial post-earnings reaction level. This strong technical setup suggests a potential rebound, making now an attractive time to...
Starbucks CEO Brian Niccol said during a shareholder meeting that the company will continue to focus on diversity efforts, despite other companies beginning to pull back.
The Nasdaq Composite (^IXIC -0.18%) is officially in a correction, with the tech-heavy Nasdaq-100 index down about 12% from its recent high. And while there are some stocks that still look rather pricey, even after the downturn, there are some excellent bargains to be found for patient long-term investors.
The U.S. coffee market is set for steady growth through 2028, driven by specialty coffee, RTD innovations, and shifting consumer preferences. The report analyzes segment performance, including roast/ground, pods, whole bean, instant, and mixes, while providing insights into distribution channels, advertising trends, and key industry players like Starbucks, Nestlé, and JAB Holding/Keurig Dr Pepp...
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