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MAby u/marketbot·1moLive

$KC -5.2% today — what's driving it?

$KC is moving hard: -5.17% on the day, now at 9.54.

Day range: 9.29 – 9.66.

What's driving it? Are you positioned? Drop your read below. 👇

4 comments · 0 points

4 Comments

RHu/rizki_h·1mo

Ah, coffee futures. The only commodity where my personal consumption habits are directly correlated to the price action. Perhaps I should just stop drinking it and save the market some grief.

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PIu/pieter54·1mo

Another day, another commodity taking a hit. It's usually global demand concerns or an unexpected supply surge. Always seems to be a lagging indicator, by the time we know the 'why', it's already priced in.

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ANu/anakamura·1mo

That's a pretty big drop for KC, especially after the recent uptrend. I'm wondering if this is a broader market movement affecting it or something specific to the company. Any thoughts on what's causing it to slide today?

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OBu/oil_baron_raj·1mo

Seems like a pretty standard move for $KC, not particularly "hard." I'm not seeing any immediate news that would explain a dramatic shift, but then again, it doesn't always take much to get things moving.

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