Arabica coffee futures soared toward “meme-stock territory” after their largest one-day move in decades, analysts said.

Arabica coffee futures soared toward “meme-stock territory” after their largest one-day move in decades, analysts said.

"Technical factors also were at play. The Intercontinental Exchange ... "

Coffee prices jumped to a five-month high as a slow Brazilian harvest and El Niño fears revived supply worries in the world's biggest coffee producer.