Traders Buying Starbucks (SBUX) Shares Ahead of 4:30pm ET Webcast; Green Mountain (GMCR) Shares Also Gain
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Shares of Starbucks (Nasdaq: SBUX) have moved up more than 1.5 percent Monday following a mid-day press release which announced the company will host a webcast at 4:30pm ET this afternoon to announce an "initiative to further strengthen core US retail business." Check the Starbucks Newsroom at http://news.starbucks.com for full details.
Interestingly, shares of Green Mountain (Nasdaq: GMCR) have moved up seemingly in sympathy with Starbucks shares. After trading in negative territory throughout much of the session, Green Mountain shares are now up about 0.6 percent.
Interestingly, shares of Green Mountain (Nasdaq: GMCR) have moved up seemingly in sympathy with Starbucks shares. After trading in negative territory throughout much of the session, Green Mountain shares are now up about 0.6 percent.
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