If You Put $1000 Into Starbucks Stock Last January, Here's How Much You'd Have Now
By almost any measure, Starbucks (NASDAQ: SBUX) should have been one of the pandemic's most-punished stocks. And for a brief while, it was. Shares of the coffeehouse chain plunged more than 40% between February's peak and March's trough when COVID-19 started to spread within the United States.
The stock rebounded more than 100% from that March low, translating into a year-to-date gain of 17%. A $1000 investment in Starbucks at the beginning of this year would be worth $1172 as of Monday's close. All things considered, that's not a bad outcome for a consumer-facing company.
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Source Fool.com
