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Crumbs Bake Shop (CRMB) Is Up Sharply On Starbucks News

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8/7/2012 10:07 AM ET

Crumbs Bake Shop (CRMB: Quote) announced after the close Monday that it has entered into an agreement with Starbucks Corporation to bring the full complement of Starbucks brewed coffees, teas and espresso-based drinks to all Crumbs locations.

Crumbs Bake Shop gapped open higher Tuesday and has continued to rise on above average volume. Shares are now up 1.33 at $3.38 on the highest volume of the year. The stock has surged to over a 3-month high.

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by RTT Staff Writer

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