Starbucks shares are trading higher following a report suggesting that activist investor Starboard Value has a stake in the company.
Portfolio Pulse from Benzinga Newsdesk
Starbucks shares are trading higher following a report suggesting that activist investor Starboard Value has a stake in the company.
August 12, 2024 | 12:07 pm
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Starbucks shares are trading higher following a report suggesting that activist investor Starboard Value has a stake in the company.
The involvement of an activist investor like Starboard Value typically signals potential changes aimed at increasing shareholder value, which is likely to drive the stock price higher in the short term.
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