Starbucks (NASDAQ: SBUX) is closing more than 100 stores in North America and laying off 900 corporate employees as part of a $1 billion restructuring plan — and its stock is taking a hit.
In this video, we break down:
Why Starbucks is shuttering stores and cutting jobs
How its market share in China has dropped to 14%
The $10 billion bids for its China unit and what that could mean
Starbucks’ six straight quarters of falling sales
Its current stock price at $83.60 and bearish technical signals
Do you think this turnaround plan will work — or will Starbucks keep sliding? Watch and weigh in below.
#Starbucks #SBUX #StockMarket
🌐 Want more market-moving insights?
Dive deeper at
benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets.
📲 Let’s stay connected!
Follow us for real-time updates, market tips, and exclusive content:
🔹 Instagram:
instagram.com/benzinga
🔹 Facebook:
faceb...