Starbucks Corporation (SBUX) Shares are Down -0.96%

Starbucks Corporation (SBUX) : During the past 4 weeks, traders have been relatively bearish on Starbucks Corporation (SBUX), hence the stock is down -5.47% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.92% relative to the S&P 500. The 4-week change in the price of the stock is -5.11% and the stock has fallen -0.96% in the past 1 week.

Starbucks Corporation is up 0.94% in the last 3-month period. Year-to-Date the stock performance stands at -7.54%. The stock has recorded a 20-day Moving Average of 2.55% and the 50-Day Moving Average is 2.14%.


Starbucks Corporation (NASDAQ:SBUX): The stock opened at $55.46 on Friday but the bulls could not build on the opening and the stock topped out at $55.56 for the day. The stock traded down to $54.85 during the day, due to lack of any buying support eventually closed down at $54.94 with a loss of -1.06% for the day. The stock had closed at $55.53 on the previous day. The total traded volume was 8,981,214 shares.

Also, Equity Analysts at the Brokerage Firm, Goldman Sachs, maintains their rating on the shares of Starbucks Corporation (NASDAQ:SBUX). Goldman Sachs has a Buy rating on the shares. The rating by the firm was issued on July 26, 2016.

Starbucks Corporation is the roaster, marketer and retailer of specialty coffee. The Company purchases and roasts coffees that it sells, along with coffee, tea and other beverages, and a range of fresh food items, through Company-operated stores. It also sells a range of coffee and tea products and licenses its trademarks through other channels, such as licensed stores, grocery and national foodservice accounts. It operates through four segment: Americas, which includes the United States, Canada, and Latin America; Europe, Middle East, and Africa (EMEA); China/Asia Pacific (CAP), and Channel Development. In addition to its Starbucks Coffee brand, it also sells goods and services under the brands, including Teavana, Tazo, Seattles Best Coffee, Evolution Fresh, La Boulange and Ethos. Its Americas, EMEA, and CAP segments include both Company-operated and licensed stores. The Americas and EMEA segments include certain foodservice accounts, primarily in Canada and the United Kingdom.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.