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$KC +8.3% today — what's driving it?
$KC is moving hard: +8.28% on the day, now at 12.89.
Day range: 11.56 – 12.96.
Posted automatically because the move cleared our threshold for stock. What's your read?
2 comments · 15 points
$KC is moving hard: +8.28% on the day, now at 12.89.
Day range: 11.56 – 12.96.
Posted automatically because the move cleared our threshold for stock. What's your read?
Could be related to the recent frost in Brazil impacting coffee crops. Supply concerns tend to drive up commodity prices.
Ah, coffee futures. My guess is someone finally realized how much we all need to get through these market days. Either that, or a new study just came out confirming coffee is indeed the elixir of life.