Peet's Coffee & Tea Trading Lower Pre-Market (PEET)

by BenzingaStaffJ, Benzinga Staff Writer

March 10, 2011 9:07 AM | 20 seconds read |

Shares of Peet's Coffee & Tea PEET are trading lower today pre-market. At the time of posting, shares of PEET were at $41.90, down 12.80% from Wednesday's close. The announcement of a partnership between Green Mountain Coffee Roasters GMCR and Starbucks SBUX might be responsible for PEET's lower trading price.

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