Starbucks stock up 12% in the last month; Time to wake up and smell the coffee?
While the company has been adamant about its neutrality and support for peace rather than either side in the ongoing Israeli onslaught against Gaza and the West Bank, Starbucks (NASDAQ: SBUX) has been hard-pressed by the related boycott.The damage caused by the pressure became the most evident following the coffee chain’s most recent earnings report as SBUX shares dropped off a cliff, falling from approximately $88 to about $74 within a single day of trading.Though it is hard to tell whether the boycott has ...