Thursday, July 10, 2008


Trading in Juice Plus Manufacturer’s Stock Drops 50% Since News of FDA Complaints; Company Executives Get Salary Increases

Trading in Natural Alternatives International, Inc. (manufacturer of Juice Plus products) stock has fallen more than 50% since the JPRB filed an April 5, 2008 report[1] on a decline in the company’s stock price that may have been connected with recent FDA complaints about Juice Plus by the Center for Science in the Public Interest (see Juice Plus Manufacturer’s Stock Price Tumbles: NAI Among Thursday’s Leading Small-Cap Losers).

The JPRB report noted that on April 3, 2008, NAI stock (NASDAQ ticker symbol NAII) was among the day’s top percentage losers for small capitalization companies, dropping more than 15% in value (from $9.00 to $7.60). Since then, the stock’s price bottomed out at $6.51 on April 24, and then gradually clawed back to today’s closing price of $7.85. However, the 90-day average trade volume of NAI stock has now dropped by more than 50% compared to the volume back in April. On April 5, the stock was trading at a 90-day average volume of more than 8,000 shares per day. As of today, the average trade volume has sunk to 3,522 shares.

Surprisingly, despite the poor recent performance of NAI’s stock and widespread economic concerns among U.S. investors over rising fuel prices, declining home values, depreciation of the U.S. dollar, and a likely recession, NAI’s board of directors approved pay increases last month for company president Randell Weaver and vice president of operations, Alvin McCurdy.

  1. Juice Plus Manufacturer’s Stock Price Tumbles: NAI Among Thursday’s Leading Small-Cap Losers. Juice Plus Research Blog. April 05, 2008.
  2. SEC Form 8-K for Natural Alternatives International. July 03, 2008.

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