Green Mountain to Join the Nasdaq-100

By Eric Volkman – Aug 16, 2013 at 8:01PM

NASDAQ: GMCR.DL

Keurig Green Mountain, Inc.

The company dislodges Life Technologies from the exclusive list.

Green Mountain Coffee Roasters (GMCR.DL) is about to land on a prominent stock index. The NASDAQ OMX Group (NDAQ -1.97%) 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.

Fool contributor Eric Volkman has no position in any stocks mentioned. The Motley Fool recommends Green Mountain Coffee Roasters. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.