UK Markets closed
  • NIKKEI 225

    26,945.67
    -388.12 (-1.42%)
     
  • HANG SENG

    19,000.71
    -517.88 (-2.65%)
     
  • CRUDE OIL

    67.50
    +0.76 (+1.14%)
     
  • GOLD FUTURES

    1,982.50
    +9.00 (+0.46%)
     
  • DOW

    32,244.58
    +382.60 (+1.20%)
     
  • BTC-GBP

    22,777.86
    -105.04 (-0.46%)
     
  • CMC Crypto 200

    607.08
    +7.41 (+1.24%)
     
  • Nasdaq

    11,675.54
    +45.02 (+0.39%)
     
  • ^FTAS

    4,039.44
    +31.78 (+0.79%)
     

Why Starbucks Stock Fell Today

Why Starbucks Stock Fell Today

Shares of Starbucks (NASDAQ: SBUX) sank on Friday after the coffeehouse leader's sales and profits failed to meet investors' expectations. As of 1:35 p.m. ET, Starbucks' stock price was down more than 3%. Starbucks' revenue rose 8% year over year to $8.7 billion in its fiscal 2023 first quarter ended Jan. 1.