Here's how much Starbucks stock fell due to Israel-Hamas boycott
Finbold • 595 days
Low Materiality0/10
Information
Starbucks (NASDAQ: SBUX) has done relatively little to endear itself in recent years as it worked to...
Original sourceAI Summary
- Starbucks faces boycotts and stock decline due to alleged political stance. - Stock trading sideways, then declining in 2023-2024 amid boycotts and other factors. - Shares have dropped 27.92% in the past eight months. - Link to Nestle and commodity market fluctuations also factors. - Inflation and cost-of-living crisis may have contributed to decline. Price Impact Rating: Bearish Impact Horizon Rating: Long-term Type: Industry News
Market-Moving
- Starbucks faces boycotts and stock decline due to alleged political stance.
- Stock trading sideways, then declining in 2023-2024 amid boycotts and other factors.
- Shares have dropped 27.92% in the past eight months.
Key Facts
- Starbucks faces boycotts and stock decline due to alleged political stance.
- Stock trading sideways, then declining in 2023-2024 amid boycotts and other factors.
- Shares have dropped 27.92% in the past eight months.
- Link to Nestle and commodity market fluctuations also factors.
- Inflation and cost-of-living crisis may have contributed to decline.