SBUX Sell Alert: Starbucks Stock Is Likely to Get Worse Before It Gets Better

Investors beware. Starbucks (NASDAQ:SBUX) is likely has further to fall before it hits bottom. Starbucks stock is down 25% over the last 12 months, including an 18% drop so far this year. The share price has barely moved since 2019. Value investors may consider buying Starbucks stock at its 52-week low. It’s a mistake because shares are likely to worsen before improving.Compounding ProblemsStarbucks most recent earnings print was an ugly one that sent the company’s stock down 12% in a day. The results showe ...