Starbucks gains $27 billion in a day on new ‘dream’ CEO
Wednesday, 14 August 2024 ()
Starbucks' shares jumped 25% with the hiring of Chipotle CEO Brian Niccol, enhancing its market capitalization by $21.4 billion. Analysts endorsed the appointment, crediting Niccol's successful tenure at Chipotle. They believe this move could mark a new chapter for Starbucks, potentially bringing significant improvements.
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