Tags


Starbucks to sell its own single-serve machine - chicagotribune.com

Starbucks Corp. said on Thursday it will launch its own single-cup coffee and espresso drink machine later this year, a move that puts it in direct competition with partner Green Mountain Coffee Roasters Inc , seller of the popular Keurig home brewers.

Shares of Green Mountain plunged 24 percent in after-hours trade to $48.40, while Starbucks rose over 3 percent to $52.

via Starbucks to sell its own single-serve machine – chicagotribune.com.

Advertisements