Why Krispy Kreme Stock Dove 16% on Friday
From Yahoo Finance: 2025-05-09 17:20:00
Investors dumped Krispy Kreme stock after disappointing first-quarter results, causing a 16% decline. Analysts like Evercore ISI’s David Palmer and Citigroup’s Jon Tower slashed price targets due to concerns about the company’s McDonald’s deal and U.S. retail sector weakness. The food industry’s challenges make Krispy Kreme a risky investment.
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