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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Starbucks Corporation | NASDAQ:SBUX | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.725 | -0.82% | 88.025 | 88.02 | 88.04 | 89.73 | 87.68 | 89.53 | 3,183,528 | 17:27:27 |
From Apr 2021 to Apr 2024
By Josh Beckerman
Starbucks Corp. will suspend all business activity in Russia, including shipment of all Starbucks products.
"We condemn the horrific attacks on Ukraine by Russia and our hearts go out to all those affected," and that "we continue to watch the tragic events unfold," Chief Executive Kevin Johnson said in a letter to partners on Tuesday.
Starbucks said its licensed partner has agreed to immediately pause store operations and will "provide support to the nearly 2,000 partners in Russia who depend on Starbucks for their livelihood."
Many U.S. companies have withdrawn from Russia after its invasion of Ukraine. On Tuesday, McDonald's Corp. said it was temporarily closing its restaurants in Russia.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
March 08, 2022 16:14 ET (21:14 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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