Starbucks is in the midst of a record slump. ⁠ ⁠ Dropping 1.6% yesterday, shares of the coffee chain declined for their 11th consecutive day, a new record for the company since it first went public in 1992. ⁠ ⁠ Despite topping sales expectations in the last quarter, analyst concerns over slowing sales during the Christmas period have scared off investors.⁠ ⁠ In total, the stock has declined 9.4% over the streak, shaving a whopping $12 billion in market value off the company. ⁠ ⁠ #starbucks #coffee #retail #marketnews #businessnews