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 SEATTLE (AP) - A sold-out crowd Wednesday gave Starbucks Corp. Chairman Howard Schultz something you rarely see at a straight-laced shareholders meeting — many boisterous rounds of applause.
That wasn't surprising, given that Schultz opened Wednesday's shareholders meeting by boasting that the company's stock had soared to an all-time high on strong earnings the week before.
Starbucks shares rose 40 cents, or 1.2 percent, to close at $34.72 in trading Wednesday on the Nasdaq Stock Market after hitting a new all-time high of $35 in intraday trading.
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