https://www.cnbc.com/2018/06/04/after-hours-buzz-sbux-twtr-more.html > See which stocks are posting big moves after the bell Monday: > Shares of Starbucks dropped 1.4 percent in extended trading, after Executive Chairman Howard Schultz announced he would be stepping down effective June 26. Schultz has played an essential role in the success of the coffee company, serving as CEO from 1987 through 2000 and again from 2008 through 2017, when he resigned from the position to be replaced by Kevin Johnson. Schultz's decision comes about a week after Starbucks closed for an afternoon for company-wide sensitivity training following the arrest of two black men in a Philadelphia Starbucks.