Tag: Slide
Starbucks Stock Drops as Sales Decline, Outlook Suspended
Starbucks, the popular coffee chain, recently announced a decline in sales leading to a drop in its stock. The company's preliminary quarterly results showed a 3% decrease in net sales, totaling $9.1 billion. This...
Micron Stock Slides as Revenue Forecast Misses Estimates
Micron Technology, a leading manufacturer of computer memory and storage, experienced a 7% drop in its stock price during extended trading hours, despite posting better-than-expected results. The focus of investors shifted to the revenue...