Reported about 13 hours ago
In June, Krispy Kreme's stock (NASDAQ: DNUT) experienced a notable 25% increase, largely driven by its inclusion in several Russell indexes and some executive transitions. While index membership often boosts a stock's popularity due to increased index fund investments, the company's recent C-suite changes, including a new CFO and a chief brand officer promotion, may not be enough to address ongoing revenue stagnation and net losses. Despite the stock's recent performance, analysts recommend considering other investment opportunities.
Source: YAHOO