Why Sweetgreen Stock Jumped 33% in April
Shares of Sweetgreen (NYSE: SG) were moving higher last month, even though there was little company-specific news out on the fast-casual salad slinger.
Instead, Sweetgreen seemed to benefit from the broader risk-on mentality in the market as tensions in the Middle East cooled, and the stock might have gotten a boost from earnings reports from industry leaders like Starbucks and .
As a result, the stock finished the month up 33%, according to data from S&P Global Market Intelligence.
Source Fool.com
Starbucks Corp. Stock
€92.86
-0.310%
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 €.
