Green Mountain Coffee (GMCR) CEO Smacked With Margin Call on 5M Shares
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It was disclosed today that Green Mountain Coffee (Nasdaq: GMCR) CEO Robert Stiller filed 144 paperwork to sell 5,000,000 shares. The sale is pursuant to a margin sell-out.
The margin call comes following the plunge in the stock following recent disappointing Q2 results and guidance.
Shares of Green Mountain are down 51% since the results were posted after the close on May 2nd.
The margin call comes following the plunge in the stock following recent disappointing Q2 results and guidance.
Shares of Green Mountain are down 51% since the results were posted after the close on May 2nd.
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