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Notable news items/price action from the last twenty-four hours.

  • SBUX/GMCR was the big focus of the day.  GMCR traded up over 40% and Starbucks gained 9.1%, both on strong volume.
  • PEET declined 11.5% on accelerating volume following the GMCR news.
  • MCD and YUM traded well yesterday, on a relative basis, closing up 1.2% and 0.4%, respectively.
  • Casual dining traded softly yesterday, even as oil traded down, with only MSSR declining (5.2%) on accelerating volume.

TALES OF THE TAPE: SBUX, GMCR, PEET, MCD, YUM, MSSR - stocks 311

Howard Penney

Managing Director