Starbucks reported first-quarter earnings that were excellent on the surface, but its stock price crashed.
The reason Starbucks (SBUX -0.35%) stock crashed after earnings is an interesting insight you won't want to miss. Fool.com contributor and Finance professor Parkev Tatevosian elaborates on the cause of Starbucks' stock price fall and answers if it's a buying opportunity for investors.
*Stock prices used were the afternoon prices of May 2, 2023. The video was published on May 4, 2023.
Parkev Tatevosian, CFA has positions in Starbucks. The Motley Fool has positions in and recommends Starbucks. The Motley Fool recommends the following options: short April 2023 $100 calls on Starbucks. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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