Krispy Kreme Stock Surges on Inflation News

Krispy Kremes stock surged by 3.5% following a positive inflation report, indicating a potential increase in consumer spending on non-essential items. However, the companys financial outlook for the year has fallen short of expectations, and its stock has been volatile due to challenges such as a cybersecurity incident and the sale of Insomnia Cookies.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.