Krispy Kreme Stock Surges: Doughnut Craze or Smart Investment?

Krispy Kreme stock skyrocketed nearly 14% thanks to retail investors targeting high short interest and positive news like international expansion and Morgan Stanley's bullish rating. Despite being down 57% year-to-date, the donut maker's volatile stock saw a jolt from a NASCAR sponsorship and analyst praise, proving this meme-stock contender still has plenty of market buzz.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.