Starbucks Is Using An Old Trick To Boost Stocks
  • 6 years ago

Starbucks is currently boosting it’s stock prices with the oldest trick of the trade. According business insider, “The company is planning to sell $1 billion of debt, and then use the proceeds to buy back its own stock, expand its business, [and] pay cash dividends or finance acquisitions.” This is a smart step for the company, because it’s stock has dropped by 12% since June. Also, lately companies that give out capital expenditures are being rewarded by investors.
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