Breaking Stories

Starbucks shares downgraded on wage inflation and China growth concerns

A ‘We’re Hiring!’ sign is posted at a Starbucks on August 06, 2021 in Los Angeles, California.

Mario Tama | Getty Images

Wage hikes and Covid restrictions in China could hurt Starbucks‘ growth and pressure its share price, Atlantic Equities said in a downgrade of the stock.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *