Starbucks stock heads into the open after a 2.5 percent slide
Published on 09/17/2026 at 04:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Starbucks stock closed at USD 96.58 on the Nasdaq on September 16, 2026, down 2.5 percent. The session came after a Reuters report that the company is weighing a sale of a majority stake in its Japan business.
September 16, 2026 in numbers
Starbucks Corp. (ISIN US8552441094) traded between USD 96.12 and USD 99.01 during the session, with volume of 18.7 million shares. The stock ended the day 0.4 percent below the S&P 500, which fell 0.4 percent to 7,551.81 on the same session.
According to CNBC, Starbucks is considering a sale of a majority stake in Japan that could value the unit at about USD 3 billion. The report said the process could start in the fourth quarter.
Today ahead of the open
According to Reuters, the company is weighing options for its Japan business and could begin a formal process in the fourth quarter. That keeps the focus on portfolio changes as trading starts today.
