Did Green Mountain Coffee Peak On NASDAQ-100 Inclusion?
While shareholders typically cheer the inclusion of their stock in a major index such as the NASDAQ-100 (QQQ), research and history tells a different story. Not only is inclusion typically based on a few years of excellent results, but also the process of being included in index funds can create a temporary peak in the stock.
In the case of Green Mountain Coffee Roasting (GMCR), the specialty coffee and single serve beverage innovator had soared over the last year and comes amidst continuing questions regarding accounting procedures.
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