NEW YORK (AP) -- Green Mountain Coffee Roasters Inc. will join the Nasdaq-100 index 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.