S&P 500 ^GSPC
5,081.03
+0.22%
Nvidia NVDA
$793.41
+2.16%
Alphabet GOOG
$138.86
+1.04%
Meta META
$488.74
+0.98%
Amazon AMZN
$174.60
+0.83%
Tesla TSLA
$201.48
-0.28%
Microsoft MSFT
$408.16
+0.11%
Apple AAPL
$181.50
+0.04%

$SBUX+1.1% after results.

The company beat analysts' estimates. Higher earnings ($8.72B) and higher earnings per share (0.74). Despite this, the stock dropped significantly. It wrote off over 4.5% after the market opened and ended the day with a loss of 9.17% or $-10.5.

SBUX

Starbucks

SBUX
$94.05 $1.05 +1.13%
1 Day
+0.01%
5 Days
+2.88%
1 Month
+4.14%
6 Months
+0.63%
YTD
+2.25%
1 Year
-7.47%
5 Years
+34.81%
Max.
+28,411.04%

The stock was already at significant resistance earlier which worked again. A large number of stocks traded in this zone and investors simply took profits. Now there is room for more weakness (not as big, but it is there) on $SBUX.

Anyone holding Starbucks?


No comments yet