Starbucks Stock Rises as Chipotle Falls: CEO Transition Hosted by MarketBeat StaffAugust 13, 2024 ShareLink copied to clipboard. Play video for Starbucks Stock Rises as Chipotle Falls: CEO TransitionDetailsGuestsIn today’s MarketBeat update, analysts Chris Markoch and Thomas Hughes break down the big news that’s causing Starbucks stock to surge and Chipotle stock to dip. With Starbucks announcing its fourth CEO in two years, and this time bringing in Chipotle’s Brian Niccol, the market is reacting swiftly. Starbucks stock is up 25%, while Chipotle faces a 10% drop. Learn what this leadership change means for both companies, whether it’s a buying opportunity, and how the market might move from here.Read CEO Swap: Starbucks Surges 22% on Hiring New CEO From ChipotleStocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioSBUXStarbucks4.3697 of 5 stars4.37 / 5 stars$93.18-1.5%2.45%25.67CMGChipotle Mexican Grill4.6356 of 5 stars4.64 / 5 stars$53.54-4.5%N/A57.13 Compare These Stocks Add These Stocks to My Watchlist Bridget Bennett, HostAssociate Editor, MarketBeatAlways the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffAugust 13, 2024 ShareLink copied to clipboard. Play video for Starbucks Stock Rises as Chipotle Falls: CEO TransitionDetailsGuestsIn today’s MarketBeat update, analysts Chris Markoch and Thomas Hughes break down the big news that’s causing Starbucks stock to surge and Chipotle stock to dip. With Starbucks announcing its fourth CEO in two years, and this time bringing in Chipotle’s Brian Niccol, the market is reacting swiftly. Starbucks stock is up 25%, while Chipotle faces a 10% drop. Learn what this leadership change means for both companies, whether it’s a buying opportunity, and how the market might move from here.Read CEO Swap: Starbucks Surges 22% on Hiring New CEO From ChipotleStocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioSBUXStarbucks4.3697 of 5 stars4.37 / 5 stars$93.18-1.5%2.45%25.67CMGChipotle Mexican Grill4.6356 of 5 stars4.64 / 5 stars$53.54-4.5%N/A57.13 Compare These Stocks Add These Stocks to My Watchlist Bridget Bennett, HostAssociate Editor, MarketBeatAlways the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatFREE TRAINING TODAY ➡️ How to profit from 2024 electionEarlier this year, Millionaire Trader Nate Bear of Monument Traders Alliance went live in front of thousands o...Monument Traders Alliance | Sponsored7 Housing Stocks to Buy as Mortgage Rates DipOne reason for the recent stock market volatility came from a dip in the 30-year mortgage rate. On August 9, 2...MarketBeatKamala’s Promise Will Kill America (Revealed)Kamala’s 3-Word Plan to Destroy America — Are You Prepared? Discover the secret plan that will bankrupt eve...Banyan Hill Publishing | Sponsored7 Best Stocks to Own Right NowToday, we invite you to view our list of the seven best stocks to own for the next thirty days. Why is it w...MarketBeatWarning For Nvidia HoldersHow The Boeing Disasters Could Hit Nvidia Investors You may have heard about Boeing planes falling apart mi...Stansberry Research | Sponsored7 Stocks with High Short Interest - Market Getting These Right?In a healthy market, stocks move both up and down. Traders who speculate that a stock will go down in price ar...MarketBeat
