Green Mountain Coffee (GMCR) volatility elevated; shares rally 10% in premarket on Q3 income growth

Green Mountain Coffee (Nasdaq: GMCR) is recently up $1.84 to $19.75 in the premarket after the company reported Q3 income rose 30%. Piper Jaffray lowered its price target to $25 from $40. Overall option implied volatility of 143 is above its 26-week average of 76 according to Track Data.

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