Why Investors Were Fired Up About Starbucks Stock Today

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. ...