Interesting move here. I wonde

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Interesting move here. I wonder what changes Brian Niccol can bring to SBUX moving forward 🤔

Starbucks Shares Surged after Replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol; Chipotle Plunged

Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.Starbucks shares surged over 10%.

Starbucks Shares Surged after Replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol; Chipotle Plunged

# Should We Take CEO Buying/Selling Seriously?

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You may think that $25k is no big money.\nBut his persistence can't be ignored. Intel CEO continues to buy the stock in the past 4 years.\nAnother notable CEO stock trade is $NVIDIA Corp(NVDA)$’s CEO sale in recent months.\n----------------\nDo you invest in good CEO or data?\nHow do you view $Intel(INTC)$ CEO’s continous buying?\nIs it a bullish signal or not?\nShould we take CEO’s buying or selling seriously?","image":"https://community-static.tradeup.com/news/0da758d47136daedfe3ce09f5b36d3c7"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Interesting move here.&nbsp; I&nbsp;wonder what changes&nbsp; Brian Niccol can bring to SBUX moving forward 🤔</p></body></html>","htmlText":"<html><head></head><body><p>Interesting move here.&nbsp; I&nbsp;wonder what changes&nbsp; Brian Niccol can bring to SBUX moving forward 🤔</p></body></html>","text":"Interesting move here. I wonder what changes Brian Niccol can bring to SBUX moving forward 🤔","highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/338153040109568","repostId":1174266460,"repostType":2,"repost":{"id":"1174266460","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1723556587,"share":"https://www.laohu8.com/m/news/1174266460?lang=&edition=full","pubTime":"2024-08-13 21:43","market":"us","language":"en","title":"Starbucks Shares Surged after Replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol; Chipotle Plunged","url":"https://stock-news.laohu8.com/highlight/detail?id=1174266460","media":"Tiger Newspress","summary":"Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.Starbucks shares surged over 10%.","content":"<html><head></head><body><p>Starbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.</p><p>Starbucks surged 21% and market value crossed over $100 billion while Chipotle fell 12%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f403d3d91bed2b35c4a1ccbf9dacb216\" title=\"\" tg-width=\"452\" tg-height=\"134\"/></p><p>Narasimhan took over as chief executive in March 2023. The coffee giant’s performance has struggled this year, hurt by weak sales in the U.S. and China, its two largest markets. Former CEO Howard Schultz, who handpicked Narasimhan as his successor, had written an open letter in May, weighing in on the company’s issues and offering advice but never addressing Narasimhan by name. Activist investor Elliott Management had acquired a stake in the company in recent weeks.</p><p style=\"text-align: start;\">Narasimhan’s departure is effective immediately. Starbucks CFO Rachel Ruggeri will step in as interim chief executive until Sept. 9, when Niccol officially takes over the top job.</p><p style=\"text-align: start;\">Niccol has served as Chipotle’s CEO since 2018. Prior to that, he led Yum Brands’ Taco Bell. As CEO of Chipotle, he helped the chain rebound from its foodborne illness scandal and led its restaurants through the pandemic. In recent quarters, while other restaurants have reported a sharp pullback in consumer spending, Chipotle has seen its traffic and sales climb, bucking the trend.</p><p style=\"text-align: start;\">Chipotle’s COO Scott Boatwright will serve as interim CEO of the burrito chain. Chipotle CFO Jack Hartung, who was planning on retiring next year, will now stay on as president of strategy, finance and supply chain.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Starbucks Shares Surged after Replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol; Chipotle Plunged</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStarbucks Shares Surged after Replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol; Chipotle Plunged\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-08-13 21:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Starbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.</p><p>Starbucks surged 21% and market value crossed over $100 billion while Chipotle fell 12%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f403d3d91bed2b35c4a1ccbf9dacb216\" title=\"\" tg-width=\"452\" tg-height=\"134\"/></p><p>Narasimhan took over as chief executive in March 2023. The coffee giant’s performance has struggled this year, hurt by weak sales in the U.S. and China, its two largest markets. Former CEO Howard Schultz, who handpicked Narasimhan as his successor, had written an open letter in May, weighing in on the company’s issues and offering advice but never addressing Narasimhan by name. Activist investor Elliott Management had acquired a stake in the company in recent weeks.</p><p style=\"text-align: start;\">Narasimhan’s departure is effective immediately. Starbucks CFO Rachel Ruggeri will step in as interim chief executive until Sept. 9, when Niccol officially takes over the top job.</p><p style=\"text-align: start;\">Niccol has served as Chipotle’s CEO since 2018. Prior to that, he led Yum Brands’ Taco Bell. As CEO of Chipotle, he helped the chain rebound from its foodborne illness scandal and led its restaurants through the pandemic. In recent quarters, while other restaurants have reported a sharp pullback in consumer spending, Chipotle has seen its traffic and sales climb, bucking the trend.</p><p style=\"text-align: start;\">Chipotle’s COO Scott Boatwright will serve as interim CEO of the burrito chain. Chipotle CFO Jack Hartung, who was planning on retiring next year, will now stay on as president of strategy, finance and supply chain.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克","CMG":"墨式烧烤"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174266460","content_text":"Starbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.Starbucks surged 21% and market value crossed over $100 billion while Chipotle fell 12%.Narasimhan took over as chief executive in March 2023. 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