Green Mountain Coffee (GMCR) volatility elevated into lowered guidance

Green Mountain Coffee (Nasdaq: GMCR) is recently down $19.78 to $29.73 in the premarket on weaker than expected Q2 sales and margins. The company also lowered its full-year guidance and projected Q3 adjusted earnings. Stifel Nicolaus maintains its Sell rating on the company. Overall option implied volatility of 85 is above its 26-week average of 70 according to Track Data.

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