Starbucks Stock Got a Boost From Its New CEO. Why Investors Are Still Jittery.
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Starbucks' stock received a boost following the appointment of new CEO Brian Niccol. However, investors remain cautious as they await the results of his turnaround plan, which is expected to take at least a year.

December 31, 2024 | 8:45 am
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Starbucks' stock has seen a positive impact from the appointment of new CEO Brian Niccol. Despite this, investors are advised to be patient as the turnaround plan is expected to take at least a year to show results.
The appointment of a new CEO often brings optimism and a stock price boost, as seen with Starbucks. However, the caution among investors is due to the expected time frame for the turnaround plan to show results, which is at least a year. This suggests a positive short-term impact but with a need for patience.
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