NEW YORK (AP) — Green Mountain Coffee Roasters Inc. joined the Nasdaq-100 index last Thursday.
The Waterbury, Vt., company will also become part of the Nasdaq-100 Equal Weighted Index and the Nasdaq-100 Ex-Tech Sector Index, replacing Life Technologies Corp.
Last week Green Mountain reported a 59 percent jump in third-quarter net income, helped by stronger sales in the U.S. and lower coffee bean costs. It also issued a better-than-expected forecast for its fourth quarter and full year.
But shares have slid since then on weak revenue numbers.