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NuZee Inc. (NUZE) stock plunged during after-hours, here’s what’s happening?

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NuZee Inc. (NASDAQ: (NUZE) stock surged high at last close by 163.18% whereas the NUZE stock price declines by 5.86% in the after-hours trading session. NuZee is a prominent single-serve coffee co-packing organization that operates with businesses of all kinds to help them grow in the single-serve and private label coffee categories.

NUZE stock’ Current Update

Cuvee Coffee announced that customers will be able to purchase their single-serve filter bags created by its partner manufacturer, NuZe, started from November 8th. Cuvée Coffee, a nationally acclaimed specialty coffee roaster is excited that it will now be available in over 3,000 Walmart stores across the country.

Travis Gorney, Chief Innovation Officer at NuZee commented,

Cuvée Coffee, one of NuZee’s partner roasters, is expanding its consumer base with single-serve filter bags available at select Walmart locations nationwide. This collaboration provides a new option for coffee lovers to get their hands on this high-quality, convenient format, which is great for individuals on the road who want to experience adventures of life.

Cuvée, a coffee company known for its innovation and foresight, has created these compact and enhanced filter bags that can be used on the move without the need for brewing equipment. Each single serving filter bag contains 14.2 grams of Cuvée’s Solo medium roast house mix, which is freshly ground. The coffee can be prepared with hot water for 4-6 minutes or cold water for 12-24 hours, similar to a teabag. To keep the filter bag fresh, it is nitro-sealed.

Further, he added,

Cuvée values ease and quality and the filter bags are proof of that. He loves how simple it is to have a good cup of coffee while on the go without the need for any additional brewing or grinding equipment. They’re constantly in my bag when he goes camping, hiking, or traveling because they’re light and don’t take up much space. All you need is a cup of hot or cold water, and you’ve got yourself a fantastic cup of coffee. He is ecstatic about their relationship with NuZee and the chance to have their filter bags in Walmart stores across the country so that more people may benefit from their convenience.

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