Why Starbucks Stock Is Down 35% So Far in 2022
Starbucks (NASDAQ: SBUX) stock is looking far from robust this year. Shares are down 35% through the first half of 2022, according to data provided by S&P Global Market Intelligence, compared to a 21% drop in the S&P 500. McDonald's stock is down just 8% this year, for example, and Chipotle Mexican Grill shares are also outperforming the coffee chain.