Starbucks Shares Plummet To 21-Month Low On Weak Sales

ToplineShares of Starbucks fell to a 21-month low in extended trading on Tuesday on the heels of a dismal quarterly earnings report missing analysts’ expectations amid faltering sales in the first few months of 2024.Shares of Starbucks hit their lowest point since July 2022.Getty Images Key FactsStarbucks’ stock plummeted minutes after 4 p.m. Tuesday afternoon, dropping more than 10% to nearly $80 per share—its lowest point since July 2022. That single-day drop also represents the coffee chain’s worst day ...