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Why Starbucks Stock Popped Wednesday Morning


Shares of Starbucks (NASDAQ: SBUX) charged out of the gate on Wednesday, surging as much as 10.3%. As of 1:45 p.m. ET, the stock was still up 8.3%.

The catalyst that sent the coffee purveyor higher was the company's financial results, which suggested its turnaround has reached a tipping point.

Image source: The Motley Fool.

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Source Fool.com

Starbucks Corp. Stock

€92.86
-0.310%
Starbucks Corp. shows a slight decrease today, losing -€0.290 (-0.310%) compared to yesterday.
The stock is one of the favorites of our community with 42 Buy predictions and 4 Sell predictions.
However, we have a potential of -0.93% for Starbucks Corp. as the target price of 92 € is below the current price of 92.86 €.
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