Here's Why Starbucks (SBUX) Fell More Than Broader Market

Starbucks (SBUX) closed the most recent trading day at $92.09, moving -1.11% from the previous trading session. This change lagged the S&P 500's 0.39% loss on the day. Elsewhere, the Dow saw a downswing of 0.61%, while the tech-heavy Nasdaq depreciated by 0.32%.Prior to today's trading, shares of the coffee chain had lost 7.25% over the past month. This has lagged the Retail-Wholesale sector's gain of 7.99% and the S&P 500's gain of 3.6% in that time.Market participants will be closely following the financi ...