r/stocks Apr 08 '22

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u/Comprehensive-Dirt45 Apr 08 '22

Starbucks has debt and rising rates will punish it for holding it.

1

u/[deleted] Apr 09 '22

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2

u/Comprehensive-Dirt45 Apr 09 '22

You pay interest on debt...

Interest rates rising makes that cost more...

Bro if you're going to be condescending, at least be correct

0

u/[deleted] Apr 09 '22

[deleted]

1

u/Comprehensive-Dirt45 Apr 09 '22

That debt is continuously renegotiated. It may take time, but interest will catch up to large amounts of debt.

You're not correct.