Krispy Kreme Doughnuts KKD shares are trading lower by $0.82 (5 percent) at $14.56 in Wednesday's session. Despite a penny beat for EPS, the Street is focusing on its revenue shortfall of nearly $3 million
In a wild session, it was punished off a lower open before finding support at $13.51 and staging a rebound. The ensuing rally found resistance ahead of the lower end of Tuesday's range ($15.34), only reaching $14.94. Over the last hour, it has been consolidating at the $14.50 area.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in