Green Mountain Coffee to Join Nasdaq 100

by Christopher Freeburn | August 16, 2013 9:23 am

GreenMountainCoffeeRoastersLogo[1]On Thursday, Green Mountain Coffee Roasters (GMCR[2]) announced that it will soon become part of three stock indexes[3].

The coffee maker will join the NASDAQ-100 Index, the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Ex-Tech Sector Index before the beginning of trading on August 22, according to a statement from the Nasdaq OMX Group (NDAQ[4]).

Investors liked the news, sending shares of Green Mountain Coffee Roasters up more than 2% in pre-market trading on Friday.

Green Mountain Coffee Roasters will replace Life Technologies (LIFE[5]) on the indexes.

Last month, the company was reported to be readying a new version of its popular Keurig coffee brewers[6], capable to making an entire pot of coffee instead of just single cups. The Keurig BOLT Carafe Brewing System is expected to hit store shelves this fall.

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  2. GMCR:
  3. soon become part of three stock indexes:
  4. NDAQ:
  5. LIFE:
  6. a new version of its popular Keurig coffee brewers:

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