Starbucks (SBUX) stock has been under considerable pressure lately. This comes courtesy of an update from Yum China (YUMC), which pointed to renewed COVID-19 Delta variant fears that could cause profits to fall 50% to 60%. YUMC stock tumbled nearly 6% on the news. Undoubtedly, China has been a major source of growth for Starbucks, the Seattle-based coffee chain. Still, Starbucks has made it through COVID-19 headwinds before, and it will likely heat up again after it passes through another wave of headwinds.
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Starbucks (NASDAQ:SBUX)
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