Snowflake, Starbucks, Trump Media: 3 Stocks in Focus

In this article:

Morning Brief Hosts Seana Smith and Brad Smith check in on some trending tickers on Yahoo Finance.

Snowflake (SNOW) has outlined plans to raise $2 billion from the sale of convertible bonds and finance a $575 million share buyback plan.

Jefferies has downgraded Starbucks (SBUX) to Underperform from Hold, calling the rally over the coffee chain's new CEO overdone.

Finally, shares of Trump Media & Technology Group (DJT) are continuing to slide after plunging more the 10% in Monday's trading session. Investors will find out today if any sales took place on Friday after the six-month lockup period expired on Thursday.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Melanie Riehl

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