Published on 23 Apr 2024 on Zacks via Yahoo Finance
Here is What to Know Beyond Why Starbucks Corporation (SBUX) is a Trending Stock
Starbucks (SBUX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this coffee chain have returned -2.8% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Retail - Restaurants industry, to which Starbucks belongs, has lost 2.5% over this period. Now the key question is: Where could the stock be headed in the near term?