Starbucks Shares Fall 1.82% as $780M Volume Surges to Rank 130th Amid $5 Billion China Bidding War

On September 5, 2025, , ranking 130th in market activity. The stock's decline occurred amid ongoing strategic reviews of its China operations, . , reflecting investor interest in the unit amid intensifying competition from local rivals like .

. The company has responded with localized pricing adjustments and accelerated product innovation to counter rivals offering lower-cost alternatives. , contrasting with stagnant performance in the prior quarter. While no official decision has been announced on the stake size for sale, the process has drawn participation from private equity firms and technology investors, though details remain confidential.

The back-test results for a strategy involving daily rebalancing of the top 500 U.S. stocks by volume would require defining parameters such as universe scope (e.g., Russell 3000 vs. broader markets), execution timing (close-to-close vs. open-to-close), and transaction cost assumptions. Key metrics to assess include annualized returns, , and . Survivorship bias-free data from CRSP or equivalent sources would be essential for accurate historical performance evaluation. Further clarity on these parameters is needed to finalize the simulation framework.