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Starbucks (SBUX) Loses 5% on Restructuring, Leadership Changes

We recently published 10 Stocks Investors Are Dumping. Starbucks Corp. (NASDAQ:SBUX) is one of the worst performers on Monday. Starbucks dropped for a second day on Monday, slashing 4.99 percent to finish at $82.11 apiece as investors unloaded portfolios to mitigate risks from development uncertainties, following news of workforce reduction and key leadership changes. Over the past few days, Starbucks Corp. (NASDAQ:SBUX) Chief Executive Officer Brian Niccol announced that the company would close underper ...