Arabica prices fall to four-month low; Starbucks tops 6,000 Asia-Pacific cafes; ICO notes export surplus; Brazil October shipments hit record; FairWave launches lab.

Industry
Origins & Green Coffee
Brewing & Culture
Nasdaq · Coffee Stocks
  • Nasdaq Composite25,366.09-0.39%
  • Nasdaq-10028,289.19-0.30%

The Nasdaq Composite fell 0.39% and the Nasdaq-100 slipped 0.30% in the session. Coffee stocks broadly declined, with packaged brands lagging coffee-shop chains; only JVA Coffee Holding rose, gaining 2.99%. Keurig Dr Pepper posted the steepest drop at 7.40%, while JVA was the sole gainer. Trading volume was below the 10-day average for every name except KDP, which traded at 1.65 times its average. Among chains, Starbucks fell 2.39%, Restaurant Brands dropped 1.51%, and Dutch Bros declined 3.66%; among brands, J.M. Smucker slipped 1.02%, Westrock Coffee fell 2.21%, Black Rifle Coffee dropped 4.46%, and Keurig Dr Pepper plunged 7.40%.

#CompanyCloseDayWeekNote
1Coffee HoldingJVA$5.17+2.99%+7.26%JVA rose 2.99% to 5.17, outperforming the Nasdaq's -0.39% decline, with volume at 0.57x its 10-day average and the stock 1.3% below its 52-week high.
2J.M. Smucker (Folgers)SJM$131.71-1.02%-1.16%SJM fell 1.02% to 131.71, roughly in line with the Nasdaq's -0.39% drop, volume 0.6x average, and the stock 3.3% below its 52-week high.
3Restaurant Brands (Tim Hortons)QSR$75.50-1.51%-3.88%QSR declined 1.51% to 75.50, lagging the Nasdaq-100's -0.30% slip, volume 0.84x average, and the stock 7.9% below its 52-week high.
4Westrock CoffeeWEST$8.40-2.21%-19.00%WEST dropped 2.21% to 8.40, underperforming the Nasdaq's -0.39% fall, volume 0.69x average, and the stock 23.6% below its 52-week high.
5StarbucksSBUX$107.26-2.39%+1.04%SBUX slipped 2.39% to 107.26, trailing the Nasdaq-100's -0.30% decline, volume 0.57x average, and the stock 3.8% below its 52-week high; Starbucks surpassed 6,000 Asia-Pacific stores per a headline.
6Dutch BrosBROS$33.73-3.66%-2.43%BROS fell 3.66% to 33.73, worse than the Nasdaq's -0.39% drop, volume 0.67x average, and the stock 54.4% below its 52-week high; Dutch Bros launched its Pink Carpet promotion per a headline.
7Black Rifle CoffeeBRCC$9.64-4.46%-1.03%BRCC declined 4.46% to 9.64, significantly underperforming the Nasdaq's -0.39% decline, volume 0.89x average, and the stock 48.0% below its 52-week high.
8Keurig Dr PepperKDP$35.42-7.40%-3.98%KDP plunged 7.40% to 35.42, the steepest drop among coffee stocks and far exceeding the Nasdaq's -0.39% fall, on volume 1.65x its 10-day average, and the stock 7.5% below its 52-week high.
Source: Nasdaq
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