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Long-time investors in Starbucks (NASDAQ: SBUX) have not had a great ride over the past 24 months, in which the stock tumbled to a several-year low, hitting bottom in November 2008 at $7.06. It's a far cry from the growth stock dreams of 2006, where the stock regularly scored in the upper $30s. Today's close, $14.69, is more than double that day in November; but still many investors are likely below water. And while the third quarter 2009 results won't push the stock back toward its 2006 highs, at the very least, it's cracking $16 in after-hours trading.Q32009 posts
FeedStarbucks gives investors jolt with Q3 2009 earnings
Long-time investors in Starbucks (NASDAQ: SBUX) have not had a great ride over the past 24 months, in which the stock tumbled to a several-year low, hitting bottom in November 2008 at $7.06. It's a far cry from the growth stock dreams of 2006, where the stock regularly scored in the upper $30s. Today's close, $14.69, is more than double that day in November; but still many investors are likely below water. And while the third quarter 2009 results won't push the stock back toward its 2006 highs, at the very least, it's cracking $16 in after-hours trading.Continue reading Starbucks gives investors jolt with Q3 2009 earnings
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