The company might need some outside perspective to get back on course.During the final week of July 2021, shares of coffee giant Starbucks (SBUX -2.07%) hit all-time highs above $126 per share. It's down about 40% from this all-time high almost exactly three years later because investors are concerned about some real problems with the business.It's important to not overstate the gravity of the situation for Starbucks. At the end of the day, the company has 39,000 locations worldwide, has generated over $36 ...

With the markets cooling down and investors rotating out of the “Magnificent 7” to take their profits, it’s time to take a look at some stocks that have been ignored as of late. The companies that have seen their stocks soar this year are great businesses. However, the optimism has likely been priced in by the markets. On the other hand, high-quality stocks that haven’t budged during this bull market likely have some catching up to do. In order to beat the masses, looking at stocks that the market is ignori ...

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 -4% over the past month versus the Zacks S&P 500 composite's +2% change. The Zacks Retail - Restaurants industry, to which Starbucks belongs, has lost 6% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or ru ...

Starbucks Corporation (SBUX) leaves investors disheartened with its lackluster stock performance this year, falling short of the industry and the S&P 500. The company's struggles across all three of its key markets have been a significant drag on its stock.Year to date, Starbucks' stock has declined by 20.2% compared with the industry’s 9.4% drop. In sharp contrast, the S&P 500 increased 15.8% during the same period. As of Jul 22, the stock closed at $76.55, significantly below its 52-week high of $107.66 b ...

On Friday, The Wall Street Journal reported that activist investor Elliott Management had taken a large stake in Starbucks (NYSE:SBUX). The exact size of the position is unknown, although Elliott has already engaged in talks with the company about how to push up the price of SBUX stock. Elliott’s specific goals are still unclear, such as whether it is seeking a board seat.SBUX stock is down by nearly 20% year-to-date (YTD), severely underperforming the S&P 500.The coffee chain is experiencing several issues ...

Starbucks (SBUX) shares rallied 6.9% in the last trading session to close at $79.27. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 6.9% loss over the past four weeks.Shares of Starbucks jumped after Elliott Investment Management purchased a sizeable minority stake in the coffee chain. Per the report, the purchase has given a gentle push to the stock price performance, which has been navigating a challenged ...

Key TakeawaysStarbucks shares jumped nearly 7% on Friday following a report that activist investor Elliott Investment Management has taken a sizable stake in the global coffee chain and discussed ways to improve its lagging stock price.The price has carved out two distinct lows on above-average volume, potentially marking a double bottom, a classic chart pattern that forms after a significant decline and indicates an upside trend reversal.Starbucks shares may encounter overhead resistance at key chart level ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike and Starbucks. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are u ...

It seems the company's ownership structure is about to undergo a small but impactful change.It seems that Starbucks (SBUX 6.85%) will soon have an activist investor within its ranks advocating for change. Several media reports have said that a well-known activist investment firm has amassed a stake in the popular coffee shop chain operator. On Friday, investors greeted this news by trading up the company's stock by nearly 7%. That performance was miles better than that of the S&P 500 index, which fell by 0. ...

Activist investor Elliott Investment Management has reportedly built a sizable position in Starbucks — sending the coffee chain’s stock soaring late in Friday’s trading day.Elliott has reportedly been pushing Starbucks – which has faced criticism over long wait times – to find new ways to boost its stock price, according to the the Wall Street Journal, which first reported the Elliott’s stake. The Seattle-based coffee giant’s stock jumped nearly 7%, to $79.27, on the news. But the company’s shares are down ...