Starbucks stock price today shows a slight dip to $91

Starbucks stock price today shows a slight dip to $91.88, influenced by broader market retracement in the NASDAQ Composite. Fibonacci retracement models suggest a key support level around $91. Starbucks’s shares are not very volatile and have only had 8 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. Mr. Niccol got rid of charges for nondairy milk and brought back the coffee condiment station. He moved new people into the executive suite. The company is investing more than $500 million to add employees and develop order-sequencing technology that aims to deliver food and drinks faster. Stores are quickly being remodeled to add comfortable seating. Starbucks stock price today remains in the $92 zone, supported by optimism over China market expansion. Equity research desks project 6–8% EPS growth over the next fiscal year, reinforcing fundamentals despite inflationary pressures.