Starbucks Dips Before Memorial Day Amid Turnaround Questions
Starbucks stock heads into the Memorial Day break weaker, falling 3.5% for the week as investors took some profits after a strong spring run and weighed new concerns over the chain’s turnaround. Shares ended Friday at $103.11, off 0.98% for the day and lower from $106.82 at last Friday’s close. The schedule is key here since markets don't open Monday. According to Nasdaq’s 2026 calendar, U.S. equity and options markets will be closed May 25 for Memorial Day. Trading resumes with the next session Tuesday.
