Green Mountain Coffee Down But In-Play (GMCR)

In reaction to disappointing earnings and guidance, shares of Green Mountain Coffee Roasters GMCR are exchanging hands over 14% lower than yesterday's levels. Green Mountain coffee had high levels of volume in pre-market trading today and will likely be in-play for investors and traders today. Green Mountain Coffee disappointed on margins, and the company provided 2011 guidance considerably below consensus. Coffee K-Cup shipments also continue to lag behind expectations. Interestingly, in Green Mountain Coffee's 10-K filing with the SEC, the company said the conclusion of its internal investigation has not resolved the SEC inquiry, which remains ongoing.