How significant is a 1.3% decrease? That doesn’t sound like much for Starbucks to worry about.
A 1.3% drop means stockholders lost $1,033,630,000.
That’s $103,363 actually lost for every refugee he promises to hire.
And remember: every hire is a _part_time_ job.
According to the graph,
1.46 BILLION shares
it was at about $58.6
Closing price was $55.36
Let’s say $3.2 a share drop
1.46 Billion
x $3.2
The graphic provided is pretty clear. It’s showing a drop of 2 points. Which is about 4% drop. Don’t know why the numbers above the chart only say 1.5%