(Update June 7) As you would have expected, the stock dropped again (about 2.66%) after I bought it yesterday. Call it Major’s rule: stock usually drops after Major buys it.
(Original) I got a little more Starbucks (SBUX) this morning. After I bought it I realized the stock got cheaper today probablly because Panera (PNRA) issued a warning on its Q2. PNRA was down as much as 13%, partially because of the rising price of grains.