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.
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(Bloomberg) -- Starbucks Corp. shares suffered a record run of losses as concern builds that sales trends at the coffee giant have cooled in recent weeks.Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsHarvard Alumni Rebuke Its Israel Response With Mere $1 DonationsStocks Drift as Doubt Undermines Soft-Landing Bets: Markets WrapBitcoin Surges Past $42,000 Even as Stocks and Bonds Take a HitMoody’s Cuts China Credit Outlook to Negative on Rising DebtThe stock dropped