Starbucks Stock (SBUX) Weekend Update: What Investors Are Watching After Friday’s Close, Earnings Forecasts, and New Turnaround Headlines
Starbucks shares closed at $85.08 Friday, up 0.6%, as U.S. markets wrapped a quiet, post-holiday session. The stock remains well below its 52-week high of $117.46, with investors watching CEO-led turnaround efforts and labor issues ahead of January earnings. Consumer discretionary stocks lagged the S&P 500, adding pressure to Starbucks’ outlook.