Coffee stock losing flavor
Green Mountain Coffee Roasters Inc., the Vermont company that practically owns the single-cup coffee business, has grown by leaps and bounds over the past five years. The company’s stock has soared along the way. But Green Mountain shares fell hard this week after the company reported sales that grew by 91 percent but still failed to meet expectations. Stock critics question Green Mountain’s real growth prospects but other investors believe the company’s K-cup coffee business still has plenty of room to grow.
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