Starbucks Corp. did very well as the price of coffee slid to seven-year lows in 2013. Will the coffee retailer do okay as coffee prices rebound?
On Tuesday, Arabica coffee futures rose as much as 10 per cent for their biggest one-day gain in more than nine years. They rose another 3 per cent on Wednesday.Report Typo/Error
- Starbucks Corp$60.61+0.53(+0.88%)
- Coffee NYM JUL1 (Arabica)$1.330.00(0.00%)
- Barclays Bank iPath Bloomberg Coffee Subindex Total Return $18.19-0.20(-1.09%)
- Updated April 21 4:15 PM EDT. Delayed by at least 15 minutes.