Crumbs Bake Shop (CRMB) announced after the close Monday that it has entered into an agreement with Starbucks Corporation to bring the full complement of Starbucks brewed coffees, teas and espresso-based drinks to all Crumbs locations.
Crumbs Bake Shop gapped open higher Tuesday and climbed sharply in the first half hour of trade, before settling into a range. Shares finished up by 1.36 at $3.41 on the highest volume of the year. The stock surged to nearly a 4-month high and re-crossed both its 50 and 200-day moving averages.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.