Krispy Kreme stock rose 25% in June after being added to new stock indexes.

Krispy Kreme’s stock rose 25% last week after being included in new stock indexes. The company also announced executive transitions, with a new CFO and a promotion for another veteran. Despite these moves, revenue has been flat, and more quarterly losses than profits have been reported.

Being included in stock indexes boosts a stock’s popularity due to index fund proliferation. However, this rarely affects a company’s operations. Krispy Kreme’s stock was included in several Russell indexes, leading to a price increase once the news was known.

The Motley Fool Stock Advisor team did not include Krispy Kreme in their list of top 10 stocks to buy now. The 10 selected stocks are predicted to yield high returns in the future, based on past performance. Investors may want to consider other options before buying Krispy Kreme stock.

Read more at Yahoo Finance: Why Krispy Kreme Was Such a Tasty Stock in June