Starbucks Stock Brews A Bitter Blend Of Boycotts And Bearish Charts
With shares down nearly 13% in the past month and "Boycott Starbucks" trending across X, the world's most iconic coffee chain is finding itself in hot water—both on
Read Also: China’s Milk Tea Chain Chagee Files For Nasdaq IPO Under ‘CHA,’ Taking On Starbucks In Growing Market
Boycott Buzz Meets Brewed Resistance
What started as a symbolic storewide pause to protest the deportation of undocumented immigrants has turned into a political flashpoint.
Make America Great Again or MAGA, activists have launched a viral boycott campaign after unionized
Now, clips of the protests are making the rounds online, turning a localized labor action into a national headline. The hashtag "#BoycottStarbucks" is trending faster than cold brews in July.
A Cold Brew On The Charts
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Chart created using Benzinga Pro
If the social sentiment wasn't bitter enough, the technicals are pouring out a double shot of bearishness.
The only frothy topping? Some underlying buying pressure hints that bullish sentiment could perk up – eventually.
New Flavors, Old Problems
Despite the volatility,
But with shares down 7% year-to-date, investors might need more than caffeine to stay alert through this drawdown.
Read Next:
- Brewing Caution: Jefferies Warms Up To Starbucks With Tepid Upgrade
Photo: Shutterstock

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