Trendline could be the kiss of death to Starbucks stock
April 23rd, 2008
Starbucks released a very critical piece of information today. The economic slowdown in the US is affecting the premium coffee market and hard. Higher prices for coffee from a weakening dollar and slowing demand for a $4 cup of coffee has the luxury item in a headspin. Many Americans are finding that the daily latte proves too much for their pocketbook. Read more…
