Following a series of developments,
Starbucks Corporation (SBUX) has been the subject of increasing interest from several advisory and wealth management firms. U.S. Capital Wealth Advisors LLC, Diversify Wealth Management LLC, Vision Capital Management, and Cloud Capital Management LLC have all increased their stock holdings in the company. However, some firms, like MainStreet Investment Advisors LLC and Arcadia Investment Management Corp, are reported to have decreased their stakes. Furthermore, renowned TV personality,
Jim Cramer, has advised against betting against the CEO of the corporation, Brian Niccol, believing in his leadership. Concurrently, rumors have been brewing about Starbucks’ contemplation of selling a controlling stake in their China Unit—a factor that seems to have piqued investors’ interests as the stock perks up. The corporation is also actively trying to accelerate its turnaround, with plans to roll out a
test-and-scale strategy and dangling $6 million stock grants to executives. At the same time, CEO Brian Niccol is viewed favorably as taking effective action under the new tenure.
Starbucks Corp SBUX News Analytics from Fri, 14 Mar 2025 07:00:00 GMT to Sat, 12 Jul 2025 23:21:06 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor -6