Diamonds and Dogs
8/13/24
A CEO switch creates our diamond and dog today. Starbucks (SBUX) is up jumping 20% after stealing away the CEO from Chipotle. Chipotle (CMG), on the other hand, is down 9% on the news. There has been some private equity firms buying into Starbucks of late to force the company to make some changes. Looks like Wall Street likes this decision and change. Thiss guy must be good.
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