SBUX News

Someone with a lot of money to spend has taken a bullish stance on Starbucks (NASDAQ:SBUX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Legal cannabis sales in the United States eclipsed Starbucks Corporation (NASDAQ: SBUX) sales, reported MJBizDaily, which cited the 2022 MJBiz Factbook.

Starbucks Corp (NASDAQ: SBUX) shares have been trending lower since the start of the year, but the stock is catching some bids Wednesday after the company reported strong earnings results.

Someone with a lot of money to spend has taken a bullish stance on Starbucks (NASDAQ:SBUX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Starbucks shares were rallying Wednesday after the coffee chain reported a second-quarter sales beat. The quarter was helped by strong growth and momentum in the North American segment. The big headwind facing the company is the impact of the China region, which analysts highlighted after the print.

Starbucks Corporation (NASDAQ: SBUX) shares are trading higher by 6.96% to $79.50 during Wednesday’s pre-market session. The company reported better-than-expected second-quarter sales during Tuesday’s after-hours session.

Restaurant and coffee powerhouse Starbucks Corp (NASDAQ: SBUX) reported second-quarter financial results after market close Tuesday. Here are the key highlights for investors.

Starbucks (NASDAQ:SBUX) reported its Q2 earnings results on Tuesday, May 3, 2022 at 05:05 PM. Here's what investors need to know about the announcement. Earnings Starbucks reported in-line EPS of $0.59 versus an estimate of $0.59.

Starbucks Corporation (NASDAQ: SBUX) is set to print its second-quarter financial results after the market close. The stock was trading slightly lower heading into the event and remains down over 40% from the July 23 all-time high of $126.32.

Starbucks Corporation (NASDAQ: SBUX) shares are trading lower by 1.95% at $73.92. Traders and investors are watching for the company’s second-quarter earnings report, which is confirmed for Tuesday’s after-hours session.

Hightower Advisors' Stephanie Link believes we are still in the midst of a bull market. Accordingly, she has identified a couple of stocks well off their highs that she would like to buy on any further weakness.

Starbucks (NASDAQ:SBUX) has outperformed the market over the past 15 years by 4.27% on an annualized basis producing an average annual return of 11.3%. Currently, Starbucks has a market capitalization of $87.01 billion.

Someone with a lot of money to spend has taken a bearish stance on Starbucks (NASDAQ:SBUX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.