A view of the Starbucks vending van during its debut in Hangzhou, the capital of China's Zhejiang province, June 7, 2022.
Starbucks — Starbucks shares lost nearly 2.5% after a union representing workers said strikes are slated to begin Friday in response to claims the coffee shop chain is not allowing Pride decorations at cafes.
More than 150 stores, and about 3,500 workers, plan to join the strike occurring over the next week, the union said.
CarMax — The used-car retailer popped 10% after beating the consensus estimate of analysts for its first-quarter revenue.
Virgin Galactic — Virgin Galactic shed 18% after announcing a $300 million capital raise via a common stock offering.
Persons:
CarMax, Armour, Wells Fargo, TD Cowen, Morgan Stanley, Evotec, — CNBC's Michelle Fox, Alex Harring, Jesse Pound
Organizations:
Starbucks, StreetAccount ., Galactic, Deutsche Bank, Accenture —, Accenture, GSK — U.S, GSK
Locations:
Hangzhou, China's Zhejiang province, North America, Germany