Krispy Kreme (DNUT) Stock: Why The Price Increased Today

By Amit Chowdhry ● Dec 3, 2021
  • The stock price of Krispy Kreme Inc (NASDAQ: DNUT) increased by over 10% during intraday trading today. This is why it happened.

The stock price of Krispy Kreme Inc (NASDAQ: DNUT) increased by over 10% during intraday trading today. Investors appear to be responding positively to a major purchase in the company shares.

These are the transactions from JAB Indulgence B.V.:

— 265,610 shares bought at $14.2521

— 9,073 shares bought at $15.032

With these purchases, JAB Indulgence B.V. now has a total of 74,585,435 shares in Krispy Kreme.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.