Krispy Kreme faced headwinds following the cancellation of a high-profile partnership, leading to an analyst rating downgrade.
4 reports, 4 independent
Updated Aug 28
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Krispy Kreme faced headwinds following the cancellation of a high-profile partnership, leading to an analyst rating downgrade.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Krispy Kreme
American global doughnut company and coffeehouse chain
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McDonald's
American fast food restaurant chain
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J.P. Morgan & Co.
U.S. investment bank
Nothing else this week.
Coverage
Newest first; wire copies grouped- StockStoryKrispy Kreme (DNUT) Stock Trades Down, Here Is Why Shares of doughnut chain Krispy Kreme (NASDAQ:DNUT) fell 6.6% in the morning session after JPMorgan downgraded the stock to 'Underweight' from 'Neut
- Motley FoolWhy Krispy Kreme Fell Today A Wall Street analyst downgraded Krispy Kreme stock today. Krispy Kreme recently unveiled a turnaround plan, but the analyst sees risks going forward. The plan focuses mai
- Investing.comKrispy Kreme shares cut to sell at JPM as turnaround plan faces execution risk Investing.com -- JPMorgan downgraded shares of Krispy Kreme to Underweight from Neutral, citing limited visibility over
- InvestopediaKrispy Kreme Shares Sink on JPMorgan Downgrade to 'Underweight' Krispy Kreme shares are dropping in morning trading Wednesday after JPMorgan downgraded the doughnut maker to an “underweight,” citing