Starbucks (SBUX) Stock Drops Despite Market Gains: Important Facts to Note

Starbucks (SBUX) closed the most recent trading day at $79.38, moving -0.64% from the previous trading session. This change lagged the S&P 500's daily gain of 0.85%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, added 1.53%.The the stock of coffee chain has risen by 5.63% in the past month, leading the Retail-Wholesale sector's gain of 0.43% and the S&P 500's gain of 3.11%.The investment community will be paying close attention to the earnings performance of Starbucks in its upcoming re ...