Starbucks (SBUX) shares are falling for the twelfth straight day. This time, it comes after the company's CEO Laxman Narasimhan said China's recovery is happening at slower than expected rate. 23andMe (ME) shares closed lower after the company revealed that during a data breach breach first discovered in October, hackers had access to about 6.9 million users. Shares of both JetBlue (JBLU) and Spirit (SAVE) closed lower after closing arguments ended in the Justice Department's bid to prevent the merger from being completed. The DOJ argues the merger would harm competition, while the airlines argue they need to merge to compete with bigger airlines. The case is now up to a Boston federal court judge to decide. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Maintaining focus on an investment thesis is always critical for investors as they digest headlines.
Starbucks (SBUX) stock has fallen for the eleventh straight session, representing the longest losing streak for the coffee giant since its IPO. This extended decline reflects mounting concerns over slowing consumer demand trends at Starbucks. Yahoo Finance's Josh Lipton and Julie Hyman break down the details of this trending ticker. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.