🔴 SUJA is trading 4.8% down today as it retraces recent gains amid post-IPO volatility

SUJA is trading 4.8% down at $14.70 as the stock retraces recent gains amid post-IPO volatility and a lack of fresh company-specific news.

• The stock remains significantly below its May 7 IPO price of $21.00, giving back a portion of the 9.1% surge recorded on May 28.
• The move appears idiosyncratic rather than market-driven, as major indices are trading modestly higher this morning with no new macro catalysts.