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Market Chatter: Activist Elliott Builds Large Stake in Starbucks
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Market Chatter: Activist Elliott Builds Large Stake in Starbucks
Jul 19, 2024 12:09 PM

02:49 PM EDT, 07/19/2024 (MT Newswires) -- Elliott Investment Management has built a large stake in Starbucks ( SBUX ) , and the activist has pushed the coffee company privately on ways to enhance its stock price, The Wall Street Journal reported Friday, citing people familiar with the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 77.93, Change: +3.74, Percent Change: +5.04

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