Starbucks (SBUX) Stock Sinks As Market Gains: Here's Why

Starbucks (SBUX) closed the latest trading day at $87.44, indicating a -0.6% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.73%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw an increase of 0.98%.The the stock of coffee chain has fallen by 14.18% in the past month, lagging the Retail-Wholesale sector's gain of 3.93% and the S&P 500's gain of 0.34%.The investment community will be paying close attention to the earnings performa ...