Business

Wage inflation, China restrictions could hurt Starbucks stock: Atlantic Equities

A ‘We’re Hiring!’ signal is posted at a Starbucks on August 06, 2021 in Los Angeles, California.

Mario Tama | Getty Pictures

Wage hikes and Covid restrictions in China might damage Starbucks‘ development and strain its share value, Atlantic Equities mentioned in a downgrade of the inventory.

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