iBankCoin
Joined Nov 11, 2007
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Flash: Green Mountain Coffee (GMCR) Shares Surge by 25% on Starbucks (SBUX) Deal

The rumor has finally been confirmed: Starbucks will sell its coffee and tea products via Green Mountain’s Keurig single server machine of wonder and amazement. As a result, shares of Green Mountain Coffee (GMCR) are surging this morning, now up more than 25%.  It’s also worth mentioning, shares of Starbucks (SBUX) are plowing ahead to the tune of 8% too in early pre-market trading.

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