Krispy Kreme Inc (NASDAQ:DNUT) are trading lower by 3.24% this Friday morning, pulling back following strength earlier this week, following the disclosure of a stock purchase by FBI Director Kash Patel. The investment came to light during congressional testimony Wednesday when Rep. Joe Neguse questioned Patel about the transaction.
What To Know: Patel confirmed the purchase of between $15,001 and $50,000 worth of the doughnut company’s stock on May 9. He assured the committee that he receives guidance and approval from the Department of Justice before executing trades to prevent any potential conflicts of interest.
