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Why Starbucks Shares Fell 16.3% in the First Half of 2020


Shares of Starbucks (NASDAQ: SBUX) fell 16.3% in the first half of 2020, according to data provided by S&P Global Market Intelligence.

The COVID-19 pandemic threw a spanner in Starbucks' growth plans, causing the coffee chain to falter as it had to shut numerous stores around the world. However, the company is still one of the stronger consumer stocks to own due to its brand strength and track record.

Image source: Getty Images.

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Source Fool.com

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