Green Mountain Coffee (GMCR) Continues Free Fall, Down 30% Since Einhorn Short Disclosure
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Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR) continues to plummet after Monday's thrashing by hedge fund manager David Einhorn.
Shares are down over 8% today to $64 and down 30% on the week.
At the Value Investing Congress in New York Monday, Einhorn highlighted negative cash flow, expiring patents, and surging capex.
Shares are down over 8% today to $64 and down 30% on the week.
At the Value Investing Congress in New York Monday, Einhorn highlighted negative cash flow, expiring patents, and surging capex.
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