Why Starbucks Stock Fell 18% in April
Shares of Starbucks (NASDAQ: SBUX) took a dive in April as the company got hit by President Trump's "Liberation Day" tariffs announcement, and then again at the end of the month after it reported underwhelming results in its fiscal second-quarter earnings report.
Unlike the rest of the stock market, which drifted lower over the remainder of April after Trump put a 90-day pause on some tariffs, Starbucks stock held relatively flat, as investors seemed to believe it was at risk of a recession and a trade war with China. The U.S. and China are its No. 1 and No. 2 markets, respectively.
Source Fool.com
Starbucks Corp. Aktie
90,37 €
-1,32 %
Starbucks Corp. sticht etwas positiv hervor mit 41 Buy- und 6 Sell-Einschätzungen.
Das Kursziel von 97 € für Starbucks Corp. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 90.37 € an.
