Activist Starboard Value takes stake in Starbucks, WSJ reports-February 2024-www.financetom.com

Activist Starboard Value takes stake in Starbucks, WSJ reports

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Activist Starboard Value takes stake in Starbucks, WSJ reports

Aug 9, 2024 2:16 PM

Aug 9 (Reuters) - Activist investor Starboard Value has

a stake in Starbucks ( SBUX ) and wants the coffee giant to take

steps to improve its stock price, the Wall Street Journal

reported on Friday, citing people familiar with the matter.

Starbucks ( SBUX ) and Starboard Value did not immediately respond to

Reuters requests for comment.

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