|Bid||54.00 x 1000|
|Ask||54.09 x 200|
|Day's Range||53.41 - 55.96|
|52 Week Range||50.84 - 64.87|
|PE Ratio (TTM)||26.71|
|Dividend & Yield||1.00 (1.68%)|
|1y Target Est||N/A|
Starbucks stock plunged after the coffee chain reported weaker-than-expected revenue numbers. Yahoo Finance’s Alexis Christoforous, Myles Udland, and Thomson Reuters markets reporter Dion Rabouin discuss what Starbucks can do to make investors happy.
Tech is losing some of its shine as investors take more money off the table after a record-breaking week. Stock futures are pointing to losses at the open with the Nasdaq set to lead the declines after a big profit miss from Amazon (AMZN). However, a pick up in economic growth in the second quarter could provide some comfort for Wall Street. Yahoo Finance’s Alexis Christoforous, Jared Blikre and Rick Newman, along with Sam Stovall of CFRA, discuss the day’s top business stories.
Starbucks is buying the remaining 50% stake in its East China business for $1.3 billion - Starbucks' largest acquisition ever! Yahoo Finance’s Alexis Christoforous and Andy Serwer take on the big expansion for the iconic coffee chain.