Peloton Wealth Strategists, Jones Financial Companies Lllp, Fred Alger Management LLC, and many other companies show activity in altering their stock positions in Starbucks Corporation (SBUX). Some firms like Graham Capital Management and Alliancebernstein L.P. have significantly reduced their holdings, while others like Ashton Thomas Private Wealth LLC and Banque Transatlantique SA have raised their positions. Starbucks has been in the red for eight straight sessions, correlating with their lackluster financial performance. There are concerns about the CEO's ability to manage internal issues. Nonetheless, recent bullish moves in the market indicate that Starbucks is a trending stock and has received a 'Moderate Buy' rating from analysts. Starbucks in the process of revamping its strategy to win back U.S. customers and considering a partial sale of its Chinese business. They've also debuted a new feature in their business model: an AI startup to streamline in-store counting operations.
