Coffee K-Cup for Keurig Gourmet Single Cup Brewer; no messy grinding or clean up
Airtight to lock in freshness and flavor
Brewing occurs inside the K-Cup so no flavor residue is left behind to spoil the next cup.
Please note: ‘regular’, ‘bold’ and ‘extra bold’ refer to the amount of coffee in the K-Cup
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Green Mountain Coffee Roasters (NASDAQ:GMCR) shares rose above $100 a share breaking records for the company, according to FactSet data. The stock rose 19% to $104.50 after Green Mountain reported its quarterly profit more than tripled on surging sales of its Keurig single-cup coffee brewers. Four analysts raised their stock-price targets on Green Mountain to $120 a share. Canaccord Genuity analyst Scott Van Winkle said, “The story isn’t over yet for investors, despite a stock chart that would probably intimidate the best rock climbers from Utah to Vermont.” Green Mountain Coffee Roasters is currently above its 50-day moving average (MA) of $84.57 and above its 200-day of $54.92.
Green Mountain 1Q beats Wall St. estimates
Green Mountain Coffee Roasters Inc. reported fiscal first-quarter results Wednesday that beat Wall Street’s expectations, sending its shares up sharply in after-hours trading.
Buyout talk lifts Green Mountain
Shares of the maker of single-cup coffee brewers rose 3.7% to 37.55, an all-time high, on speculation that Swiss food giant Nestle might bid for the company. Green Mountain Coffee Roasters’ makes the Keurig brewer and has a 75%-80% market share in the U.S.