Starbucks Volume Plummets 35 to 550M Ranking 214th as Supply Chain Disruptions and Currency Volatility Weigh on Global Strategy

On September 17, 2025, , . equities. The drop followed reports of supply chain disruptions impacting key markets in Europe and Asia, where store-level inventory shortages have delayed seasonal product launches. Analysts noted the underperformance reflects broader challenges in maintaining consistent international operations amid rising logistics costs.

Recent strategic shifts toward localized menu offerings and digital loyalty program expansion have drawn mixed investor reactions. , . .

To run this back-test precisely, I need to pin down a few practical details that your instruction doesn’t yet specify. Please let me know (or feel free to accept my default suggestions in brackets): (1) Universe of tradable stocks • All U.S. listed common stocks on NYSE + NASDAQ + Arca? [default] • Another universe (e.g., S&P 1500, Russell 3000, HK-listed, etc.)? (2) Weighting scheme when the “Top-500-by-volume” list is formed each day • Equal-weight across the 500 names? [default] • Pro-rata by dollar volume? • Something else? (3) Execution price assumption • Buy at next day’s open (i.e., you rank on the close, then trade at the next open)? [default] • Buy at same-day’s close (requires assuming perfect intraday data access)? (4) Slippage / commissions • Ignore transaction costs? [default] • Apply a specific commission and/or slippage rate? (5) Risk controls (e.g., stop-loss, max holding days beyond 1 if a holiday gap occurs) • None needed because positions are liquidated daily? [default]. Let me know your preferences (or confirm that the defaults are acceptable) and I’ll start the data retrieval & back-test procedure.