HomeMarketsTechnical AnalysisStarbucks (SBUX) Shares Slide after Earnings

Starbucks (SBUX) Shares Slide after Earnings

"This quarter's results do not reflect the power of our brand," says Laxman Narasimhan, CEO of Starbucks. The chart picture for SBUX certainly got a jolt after a huge downward move after earnings. Rick Ducat points to a few key levels to watch as investors let the post-earnings move brew a bit longer.

01 May 2024

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