Here's Why Starbucks (SBUX) Gained But Lagged the Market Today
SBUXStarbucks(SBUX) ZACKS·2024-09-20 06:51

Starbucks (SBUX) closed at $96.90 in the latest trading session, marking a +0.81% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.7%. Elsewhere, the Dow saw an upswing of 1.26%, while the tech-heavy Nasdaq appreciated by 2.51%.Shares of the coffee chain have appreciated by 3.6% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 4.02% and outperforming the S&P 500's gain of 1.27%.Analysts and investors alike will be keeping a clo ...