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MarketBeat
MarketBeat
Jea Yu

Starbucks: 4 Reasons to Buy on Overblown Strike Fears

Coffee retailer Starbucks Co. (NASDAQ: SBUX) stock sold off for the majority of December 2024 as its union workers went on a five-day strike on December 20. The Starbucks Union Workers is a coalition of over 11,000 baristas across 535 company-owned stores in the United States.

While that may seem like a lot of workers, the retail/wholesale sector leader employs over 200,000 workers in over 10,000 stores in the country.

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