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Why Shares of Starbucks Are Up Today

TheMotleyFool

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Shares of Starbucks (NASDAQ: SBUX) were moving up on Thursday, after the U.S. Senate approved a massive $2 trillion economic rescue package that could help speed the economy's post-coronavirus recovery.

As of 11:30 a.m. EDT, Starbucks' shares were up about 6.3% from Wednesday's closing price.

Starbucks' shares have had a bumpy ride in 2020 as the coronavirus pandemic caused the company's sales to drop first in China, and now in the U.S. and Europe.

Source Fool.com

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