Starbucks stock rallies on hopes of a turnaround under its new CEO — the head of Chipotle Mexican Grill

Date:

August 13, 2024

Starbucks Corp.’s stock notched its biggest percentage gain ever on Tuesday, as Wall Street placed bets that incoming chief executive Brian Niccol will stage a turnaround at the coffee chain after his prior success at Chipotle Mexican Grill Inc. and Taco Bell.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Starbucks stock rallies on hopes of a turnaround under its new CEO — the head of Chipotle Mexican Grill

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