Just a week after National Coffee Day, a celebration of all things java around the world, coffee stocks are not faring so well. One Ipath EFT that tracks the futures on coffee as an asset is up nearly 3% today. Shares of other coffee companies are mixed, with Caribou Coffee Company up less than a percent, Peet’s Coffee and Tea Company is down about a percent, as is Starbucks.
For more information visit
Disclosure: No positions