Krispy Kreme Stock Soars on Bold Global Expansion Amid U.S. Sales Slump
Krispy Kreme’s share price has bounced sharply this week, rekindling a meme-stock–style frenzy even as the doughnut chain struggles domestically. After closing at about $3.26 on Oct. 20, the stock jumped roughly 14% on Oct. 21 to around $3.7 stockanalysis.com marketbeat.com. Investors cited the recent news of Krispy Kreme’s aggressive overseas growth and renewed social-media hype, following a torrid year in which shares plunged from over $12 in late 2024 to current levels investopedia.com ts2.tech. (Memestock mania helped send DNUT up as much as 27% in a single day in July before it faded reuters.com.) This year’s slide reflects disappointing