Stock of US coffee giant #2, Caribou Coffee, dropped 11 cents (4.1%) in trading today after it reported a wider first-quarter loss than the prior-year period. Nevertheless, Morningstar, analyst of all things traded, still gives the company a positive review, stating, "We think this stock could be a bargain, but only for investors with a strong appetite for risk." It's like they're speaking directly to me!
With Starbucks experiencing similar stock woes, it's clear that none will be spared the carnage of this non-recession.
Link (via Coffee Talk)
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