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Lucid Jumps, Starbucks Falls, Steve Madden Rises After Citi Upgrade | Stock Movers
Posted
July 17, 2025
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July 17, 2025
104
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4:34Now PlayingOn this episode of Stock Movers:
- Lucid (LCID) shares jump after news that it's teaming up with Uber and Nuro to launch a robotaxi fleet, with plans to deploy at least 20,000 robotaxis over six years.
- Starbucks (SBUX) shares fall as Jeffries cut the recommendation on the chain of coffee shops to underperform from hold. Jeffries wrote that “the stock has surpassed reasonable expectations for improving fundamentals” and the valuation is “unwarranted.”
- Steve Madden (SHOO) shares rise after Citi upgraded the stock to buy from neutral, saying the footwear maker’s margins are bottoming as fashion trends turn more favorable.
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Lucid Jumps, Starbucks Falls, Steve Madden Rises After Citi Upgrade
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