Starbucks gains as interim CEO Schultz buys $10M worth of stock
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Starbucks (NASDAQ:SBUX) rose 1.6% in after hours trading after it was disclosed that interim CEO Howard Schultz scooped up $10 million worth of the coffee shop chain's stock this week.
Schultz purchased 137,500 shares on Tuesday in two transactions for prices of $72.61 and $73.10 a share, according to a regulatory filing.

Schultz, the founder of Starbucks, returned as CEO for the third time early last month after former CEO Kevin Johnson announced his retirement in March.
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