Volume Spike Investor

Starbucks Corp. (Nasdaq: SBUX) shares are down roughly 4% as of 10:15 a.m. Eastern, trading roughly a third of its aveage daily volume in the first 45 minutes of trading. The stock appears to be cooling following the release of industry data from NPD Group that showed gourmet coffee and tea sales fell 12.6% from year-ago levels. Also, contacts say that a top-tier brokerage suggests Starbucks same-store sales in June may have fallen more than analysts are anticipating. — Mike Tarsala.