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StockNews.com
StockNews.com
Business
Pragya Pandey

Down More Than 20% YTD, is Krispy Kreme Stock a Buy?

Doughnut and sweet treat brand Krispy Kreme Inc. (DNUT) is present in more than 30 countries with its unique network of doughnut shops, collaborations with top retailers, and a quickly expanding e-commerce and delivery business. The Winston-Salem, N.C.-based company's shares gained nearly 2% in price after reporting stable financials for the fourth quarter. However, it missed the consensus earnings estimate by 14%.

The stock has plunged 21.2% in price year-to-date and 12.3% over the past six months to close yesterday's trading session at $14.91. 

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