Sunday, May 22, 2022
Home Business Starbucks shares downgraded on wage inflation and China growth concerns

Starbucks shares downgraded on wage inflation and China growth concerns


A ‘We’re Hiring!’ sign is posted at a Starbucks on August 06, 2021 in Los Angeles, California.

Mario Tama | Getty Images

Wage hikes and Covid restrictions in China could hurt Starbucks‘ growth and pressure its share price, Atlantic Equities said in a downgrade of the stock.



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments