Krispy Kreme Stock Pops as DNUT’s Turnaround Faces Its Next Test
Krispy Kreme shares rose 14 cents, or about 4.4%, to $3.35 in Wednesday afternoon trading, outpacing broader U.S. stock trackers as former partner McDonald’s traded little changed. The S&P 500 tracker SPY was up about 0.8%, while the Nasdaq-100 tracker QQQ gained about 1.3%. The move puts a familiar question back in front of investors: whether Krispy Kreme can turn brand heat into steadier cash generation. For DNUT, the flavor cycle is not the whole story. The balance sheet is.