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Shares of Green Mountain Coffee Roasters (GMCR) soar to a 25.4% gain after the company sets...
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Thursday, August 2, 2012, 9:58 AM ETShares of Green Mountain Coffee Roasters (GMCR) soar to a 25.4% gain after the company sets rather cautious guidance for FY12 through FY14. While some traders see a short-lived rally due to a short squeeze, a strong buyback plan and more reasonable valuation levels are bringing in buyers after the firm's FQ3 report brought them off of a DEFCON 1 state of mind.
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This news story has 6 comments:
I call it a “new and improved” business plan!
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(finely) lol