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mmayr

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mmayr

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Wednesday, 05/01/2024 5:23:20 PM

Wednesday, May 01, 2024 5:23:20 PM

Post# of 40690
Stagflation Alive & Well ~ Starbucks On Brink Of Worst Crash Since Dot Com After "Stunning" Earnings Miss
Tyler Durden's Photo
BY TYLER DURDEN
WEDNESDAY, MAY 01, 2024 - 01:25 PM
Starbucks shares plummeted by 16% during the early cash session, approaching the -16.2% level last seen during the Covid crash. If intraday losses surpass 16.2% and remain above this level at closing, it would mark the company's worst single-day loss since the Dot Com crash in early 2000.

See Full article here: https://www.zerohedge.com/markets/starbucks-brink-worst-crash-dot-com-after-stunning-earnings-miss

Economics by Following the Money ~ Globally & Nationally on Twitter @Conan644

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