Activist investor Bill Ackman is making a big bet on coffee. His hedge fund just invested about $900 million in Starbucks.
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| | | -56.21 | | +2.07 | | -4.09 | | 26,430.57 | | 7,738.02 | | 2,880.34 | | -0.21% | | +0.03% | | -0.14% | | YTD +6.92% | | YTD +12.09% | | YTD +7.73% | | | |
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| Biggest Winners | | Pioneer Natural Resources Co | +3.34% | | | | MGM Resorts International | +3.29% | | | | Advanced Micro Devices Inc | +2.95% | | | | Twitter Inc | +2.88% | | | Biggest Losers | | PPG Industries Inc | -10.06% | | | | Packaging Corp of America | -8.13% | | | | WestRock Co | -7.90% | | | | American Airlines Group Inc | -6.55% | | | | | |
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| News: What you need to know about the markets | | | | | | Activist investor Bill Ackman invests $900 million in Starbucks
| | Activist investor Bill Ackman is making a big bet on coffee. His hedge fund just invested about $900 million in Starbucks. Read more » | | | Are profits close to peaking?
| | Here's the good news: Corporate profits for the third quarter should be really strong. Now for some bad news: It might be all downhill from here. Read more » | | | Sears hires a bankruptcy expert
| | If Sears wants to avoid bankruptcy, it'll practically have to pull a rabbit out of a hat. The company thinks it found a director who can help do the trick. Read more » | | | Papa John's stock soars after takeover rumors
| | Controversy, shmontroversy. Investors love Papa John's stock again -- because it might get taken private. Read more » | | | The Nasdaq is getting crushed. Here's why
| | The Nasdaq is taking a hit as investors pull away from risky tech stocks. Read more » | | | Netflix is buying its first production studio -- in Albuquerque
| | Netflix is expanding its media empire to Albuquerque. Read more » | | | | | | | | | |
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