Where to buy current Starbucks stock dip: it has plunged by about 14% year to date

By: Charles Thuo
Charles Thuo
Charles loves traveling, reading, and sharing his knowledge about blockchain technology. read more.
on Jan 17, 2022
  • Starbucks stock is down 2.28 (-2.23%) today.
  • It is currently trading at $100.12.
  • Here is a brief guide on where to buy Starbucks stock.

Starbucks stock has been on a free fall since July 2021 underperforming the market. It has dropped -16.56 (-14.19%) in the year to date.

To help stock investors interested in investing in Starbucks stock, Invezz has created a brief article on what it is and where to buy it.

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

To find out more, please continue reading.

Best places to buy Starbucks Stock


eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.

Register with eToro instantly


Firstrade is a leading online brokerage firm offering a full line of investment products and tools designed to help investors like you take control of your financial future. Since its founding in 1985, Firstrade has been committed to providing high value and quality services to help you reach your financial goals.

Register with Firstrade instantly

What is Starbucks Stock?

Starbucks Stock is the stock representing Starbucks Corporation shares and it is listed on NASDAQ under the ticker NASDAQ: SBUX.

In a nutshell Starbucks Corporation is an American multinational chain of roaster and coffee houses. Its headquarters are in Seattle, Washington.

Currently, Starbucks is the largest coffeehouse chain with over 33,830 stores spread across 80 countries around the world. Out of those, about 15,440 are located in the US.

Should I buy SBUX stock today?

If you are looking for a stock that has drastically fallen in the hopes of reaping from the comeback, then Starbucks Stock could be a good choice.

However, it is still not clear where the bottom of the current dip will be and it is, therefore, advisable to only invest if you can hold even when it dives further.

Starbucks stock price prediction

Analysts expect the Starbucks stock price to continue dipping with a support level at $100.

Since the stock has been on the free fall for over seven months there is a likelihood that the stock is heading to the oversold region.

$SBUX social media coverage

Invest in crypto, stocks, ETFs & more in minutes with our preferred broker, eToro
68% of retail CFD accounts lose money