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Barchart
Barchart
Ruchi Gupta

Is SBUX Stock a Buy, Sell, or Hold as Starbucks Announces 1,100 Layoffs?

Starbucks (SBUX) is a global coffee chain founded in 1971. The company is known for its high-quality coffee, which it sells alongside other handcrafted beverages and snacks at company-owned stores. 

Headquartered in Seattle, Washington, the company operates across the Americas, Europe, the Middle East, and Asia-Pacific.

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