Krispy Kreme Soars Amid Entry To High-Growth LatAm
Krispy Kreme Doughnuts (KKD) stock continues a sharp rally as news of its first foray into high-growth South America failed to raise concerns that its expansion will hurt profits. The stock had previously taken a big hit, sinking 14% Aug. 30 after the company reported second-quarter earnings that missed Street views, partly due to expansion costs. Shares fell below its 50-day moving average then, but regained the support level Thursday and have
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