Why These 5 Stocks Are on the Move on Friday

3. Starbucks Corporation (NASDAQ:SBUX) has fallen more than 2.2% as of 10:58 AM ET as the unionizing movement of its workforce is gaining strength. The most recent development has come out of Denver earlier this morning, where the workers of the coffee chain have gone on strike at the 2975 E. Colfax Avenue location. The workers are claiming that they have been targeted for supporting unionization and are going on a strike to raise their voice against the alleged unfair practices of Starbucks Corporation (NASDAQ:SBUX) against its employees. Overall, 53 hedge funds had a stake in Starbucks Corporation (NASDAQ:SBUX) at the end of Q4 2021, down from 58 in the previous quarter.