Green Mountain Coffee Roasters Splits 3-for-2

Shares of Green Mountain Coffee Roasters (GMCR) will split 3-for-2 today. That means that shareholders will get one extra share for every two shares they currently own.

The share price will drop 33% but with the new shares, it won’t cost shareholders any money. Companies like to split their stocks after big price run-ups so more people can afford to own the stock. Green Mountain Coffee continues to be a very good buy.

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