Starbucks (SBUX) Stock Faces a New Test Before Earnings
TLDR Starbucks stock fell 4.94%, trailing a sector that gained 0.34% during the reported trading session. Chipotle shares advanced 6.09% as reports emerged that Starbucks explored a takeover of the chain. Neither Starbucks nor Chipotle confirmed an agreement, leaving the potential acquisition’s future uncertain for investors. Starbucks raised its quarterly dividend to 63 cents per [...]
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Source: Source: Blockonomi