Starbucks Stock Price Collapses

24/7 Wall St.

Starbucks (NASDAQ: SBUX) was once the bright shining light of fast-food companies. It charged large premiums for coffee and even larger ones for special drinks. The food was priced to drive strong margins. The stock rose from $85 five years ago to $125 in July 2021. After that five-year trip, it is back to $80. […]

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