On May 1, Starbucks (NASDAQ: SBUX) broke above $115 per share and was up over 15% year to date (YTD). Fast forward to today, and Starbucks stock is actually down roughly 2% YTD despite putting up incredible results (and it's now down almost 15% since May 1).

Let's see if investors are making a mistake by selling the blue chip dividend stock, or if there are issues that merit a sell-off.

Between 2015 and 2018, Starbucks stock was extremely steady -- mostly hovering in the $50- to $60-per-share range. The U.S.-China trade war and questions surrounding Starbucks' long-term future in China weighed heavily on the company and kept investors wary.

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Source Fool.com