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Why Starbucks Stock Fell 18% in April

TheMotleyFool 
0 0 01.05.25
Why Starbucks Stock Fell 18% in AprilPhoto, wide shot, wide-angle lens, Hotel, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d14bb504-852b-4d13-a69a-8cec9d4eb799.png
 

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.

SBUX Chart

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Source Fool.com

Starbucks Corp. Stock

€89.87
-0.010%
With only a change of -€0.010 (-0.010%) the Starbucks Corp. price is nearly unchanged from yesterday.
Our community is currently high on Starbucks Corp. with 41 Buy predictions and 6 Sell predictions.
As a result the target price of 95 € shows a slightly positive potential of 5.71% compared to the current price of 89.87 € for Starbucks Corp..
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