On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney recaps the morning’s top headlines, including the addition of Twitter (
TWTR - Free Report) to the S&P 500 and Howard Schultz’s departure from Starbuck ( SBUX - Free Report) . Later, he is joined by Dave Bartosiak to discuss Uber’s bumpy road to a potentially historic IPO.
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Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
Twitter has moved nearly 15% higher over the last few days as investors continue to get excited about its addition to the S&P 500, with the once-struggling social media stock replacing Monsanto in the benchmark index in the wake of its merger with Bayer (
BAYRY - Free Report) . Ryan highlights this news and reflects on Twitter’s strong rebound over the past year.
Next, the host discusses Howard Schultz, long-time CEO and current executive chairman of Starbucks, and his decision to leave the company after about four decades. Shultz’s departure immediately sparked rumors that the coffee kingpin is eyeing a presidential run in 2020, so Ryan fills investors in on his legacy and politics in case that move were to happen.
Finally, Ryan is joined by Zacks Strategist Dave Bartosiak to discuss the latest twists and turns in Uber’s long and bumpy road to an IPO. New CEO Dara Khosrowshahi recently said the company is on track for a public debut in 2019, but getting to this position certainly has not been easy.
Make sure to check out the show to hear what Ryan and Dave have to say about Uber right now!
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