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Green Mountain to Join the Nasdaq-100

Saturday - 8/17/2013, 2:01pm  ET

Green Mountain Coffee Roasters is about to land on a prominent stock index. The NASDAQ OMX Group announced it will include the caffeinated beverages specialist on its well-known Nasdaq-100. The company displaces Life Technologies on the list.

Additionally, Green Mountain is to be a component of a pair of specialty indices. These are the Nasdaq-100 Equal Weighted and the Nasdaq-100 Ex-Tech Sector index.

The company's migration to the various Nasdaq-100s will be effective before market open on Thursday, August 22.

In its operator's words, the Nasdaq-100 "includes 100 of the largest domestic and international non-financial securities listed on The Nasdaq Stock Market based on market capitalization." At its most recent closing stock price of $76.38, that measure for Green Mountain totals $11.5 billion.

This article was originally published as Green Mountain to Join the Nasdaq-100on Fool.com

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