Starbucks shares trading at all time high

Despite the struggling economy, Starbucks seems to be brewing itself back from the grinds.

Shares of Starbucks are trading at an all time high.

Shares were trading below $10 in March 2009. They are now above $60.

The company has cut back some of its new store openings in the US, while closing hundreds of underperforming stores.

The company has pushed into China, opening 570 stores in 48 Chinese cities.

Company officials expect China to be their second largest market by 2014.


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