Starbucks stock price fell over $1,000 in 2017.
According to FactSet data, the coffee giant saw a drop of almost 4,000 points during the period.
The drop in stock price came after Starbucks said it was cutting jobs by a whopping 30% in January.
The news came after the company reported a fourth straight quarterly loss.
The stock dropped by almost 4% in 2017 to a record low of $14.60.
According to Factset data, a single share of Starbucks stock has an expected value of $10,000, and it trades at $13.38 per share.
According to the company’s website, Starbucks stock rose by $1.75 in 2017, with the shares rising by a total of 2.5% in the three months to February 2018.
Starbucks is the second largest coffee retailer in the US, after Starbucks Corporation.
It operates nearly 10,000 stores and sells about 7 million cups of coffee every day.
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