Will the Starbucks stock react further to its share buyback pause?
The Starbucks share price plunged after the company announced plans to suspend its share buyback programme. With investor sentiment damaged, securing future growth and keeping employees on the company’s side could be crucial. Analysts are already downgrading the stock.
Forget Coronavirus: These 3 Starbucks Metrics Matter More
Starbucks, like many other retailers operating in China, will feel a temporary sting as people avoid going out in public. But its financial strength, brand power, and strong operations should continue delivering durable results for many years to come.