Green Mountain Coffee Roasters Plunging 5% As Coffee Stocks Go Cold

Green Mountain Coffee Roasters Inc. GMCR shares are plunging today, down nearly 5% on heavy volume as the other coffee stocks are seeing outflows, including Tim Horton's THI, Coffee Holding Co., Inc. JVA, and Caribou Coffee Company, Inc. CBOU. Conversely, names like Peet's Coffee & Tea, Inc. PEET and Starbucks SBUX are higher on the day. Shares of Green Mountain have been one of the best performing stocks this year, gaining 173% since the beginning of the year. Since the company announced a partnership with Starbucks back in early March, shares have gained another 105% as analysts have ratcheted up their earnings expectations from the mega deal. The deal means that Starbucks will now be its coffee and Tazo tea in Keurig's K-Cup portions. At last check, shares of Green Mountain were off $4.84 to $89.76, a loss of 5.12%‎ on almost 2 million shares.
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