Starbucks Market Value Plunges $11 Billion After Backlash Over The Settler State Advocacy
The giant Starbucks Corporation, with 35,000 branches globally, slumped 8.96% of its market value, dipping nearly $10.98 billion. The company’s stock set a new negative record, declining for the 12th consecutive session in the market. Subsequently, Starbucks decided to lower the price of its products through offers.