Krispy Kreme shares rise 23% despite disappointing pricing, opening trade

CNBC2021-07-02

Krispy Kreme shares closed Thursday up more than 23% despite a disappointing opening trade for the company's return to the public markets. On Wednesday night, the doughnut chain priced its initial ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

NgKenny
2021-07-02
NgKenny
Good
zero79
2021-07-02
zero79
Not bad donuts
Soner
2021-07-02
Soner
I like the donuts
- ilovekirby:
  Nice donuts [Happy]
IZLIN
2021-07-02
IZLIN
@simplydkam @Sagi08 @Meow17pls monitor!
- Philentoma:
  Good
KentxTeo
2021-07-02
KentxTeo
Impressive gains
- BeBob:
  Like and commentlike and comment
- Kesslim:
  FTW
- ShirlySuet:
  yes
Genesis8888
2021-07-02
Genesis8888
i love krispy kreme donuts.

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1157474542?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-02 08:23","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1157474542","market":"us","top_or_hot":-1,"title":"Krispy Kreme shares rise 23% despite disappointing pricing, opening trade","media":"CNBC","content":"<div>\n<p>Krispy Kreme shares closed Thursday up more than 23% despite a disappointing opening trade for the company's return to the public markets.\nOn Wednesday night, the doughnut chain priced its initial ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/01/krispy-kreme-ipo-dnut-starts-trading-on-the-nasdaq.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Krispy Kreme shares rise 23% despite disappointing pricing, opening trade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKrispy Kreme shares rise 23% despite disappointing pricing, opening trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 08:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/01/krispy-kreme-ipo-dnut-starts-trading-on-the-nasdaq.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Krispy Kreme shares closed Thursday up more than 23% despite a disappointing opening trade for the company's return to the public markets.\nOn Wednesday night, the doughnut chain priced its initial ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/01/krispy-kreme-ipo-dnut-starts-trading-on-the-nasdaq.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DNUT","symbol_name":"Krispy Kreme, Inc.","start_time":0,"source_url":"https://www.cnbc.com/2021/07/01/krispy-kreme-ipo-dnut-starts-trading-on-the-nasdaq.html","article_id":"1157474542","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/07/01/krispy-kreme-ipo-dnut-starts-trading-on-the-nasdaq.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1157474542","pubTimestamp":1625185432,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"Krispy Kreme shares closed Thursday up more than 23% despite a disappointing opening trade for the c","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DNUT":"Krispy Kreme, Inc."},"translate_title":"Krispy Kreme股价上涨23%，尽管价格令人失望，开盘交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DNUT":0.9},"content_text":"Krispy Kreme shares closed Thursday up more than 23% despite a disappointing opening trade for the company's return to the public markets.\nOn Wednesday night, the doughnut chain priced its initial public offering at $17 per share,well below its planned range of $21 to $24 per share. The stock's first trade on Thursday afternoon was $16.30 per share, but shares quickly rebounded. When the markets closed, the stock was trading for $21 a share.\nThe share offering raised $500 million for the company and gave it an implied valuation of $2.7 billion. Krispy Kreme, which also owns Insomnia Cookies, is trading on the Nasdaq under the ticker \"DNUT.\"\nThe chain first went public 21 years ago during the dot-com bubble. In 2016, JAB Holding, the investment arm of the Reimann family, took Krispy Kreme private after buying it for $1.35 billion. JAB owns a number of other restaurant businesses, including Panera Bread and Caribou Coffee.\n\"The transformation that this company has done in the last five years has been incredible,\" Krispy Kreme CEO Mike Tattersfield said on CNBC's\"Squawk Box\"on Thursday. \"We've worked on our brand, we've worked on the culture.\"\nIn fiscal 2020, Krispy Kreme's revenue rose 17% to $1.12 billion, but the chain reported a net loss of $60.9 million. It has reported net losses for its last three fiscal years as it invests back into the business, such as spending $10.3 million to reopen a 24-hour flagship location in New York City's Times Square and buying back many of its franchised locations. Now, about 85% of its locations are company-owned.\nKrispy Kreme's start to trading comes during the busiest week so far in 2021 for U.S. IPOs, with at least 16 other companies making their public debuts.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":156365032,"gmtCreate":1625196382026,"gmtModify":1703738153596,"author":{"id":"3582778356971864","authorId":"3582778356971864","name":"NgKenny","avatar":"https://static.tigerbbs.com/4fdae3e0bdca8d3a33e7f9d619f0dc88","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3582778356971864","authorIdStr":"3582778356971864"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156365032","repostId":1157474542,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156978614,"gmtCreate":1625192938038,"gmtModify":1703738065118,"author":{"id":"3586590970630142","authorId":"3586590970630142","name":"zero79","avatar":"https://static.tigerbbs.com/18bdafe6e77141b002b8ed62dd5cc0e3","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3586590970630142","authorIdStr":"3586590970630142"},"htmlText":"Not bad donuts&nbsp;","listText":"Not bad donuts&nbsp;","text":"Not bad donuts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156978614","repostId":1157474542,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156932444,"gmtCreate":1625189696488,"gmtModify":1703737966606,"author":{"id":"3572495683706179","authorId":"3572495683706179","name":"Soner","avatar":"https://static.tigerbbs.com/5148f2d490cd2bb067752b3e15f00682","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572495683706179","authorIdStr":"3572495683706179"},"htmlText":"I like the donuts","listText":"I like the donuts","text":"I like the donuts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156932444","repostId":1157474542,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5098232,"gmtCreate":1625190992906,"gmtModify":1663230416048,"authorId":3585873168332779,"author":{"id":3585873168332779,"idStr":"3585873168332779","authorId":3585873168332779,"name":"ilovekirby","avatar":"https://static.tigerbbs.com/150e39396270b3385fcaa9d5b241a4e1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156932444,"type":1,"supId":0,"prevId":0,"content":"Nice donuts [Happy]","text":"Nice donuts [Happy]","html":"Nice donuts [Happy]"}],"langContent":"EN"},{"id":156043078,"gmtCreate":1625187864694,"gmtModify":1703737902461,"author":{"id":"3581848609787274","authorId":"3581848609787274","name":"IZLIN","avatar":"https://static.tigerbbs.com/f2241963762942310c858a3aae49c0d1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581848609787274","authorIdStr":"3581848609787274"},"htmlText":"<a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a><a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a>pls monitor!","listText":"<a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a><a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a>pls monitor!","text":"@simplydkam@Sagi08@Meow17pls monitor!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156043078","repostId":1157474542,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5097704,"gmtCreate":1625188406440,"gmtModify":1635239258850,"authorId":3565562352717509,"author":{"id":3565562352717509,"idStr":"3565562352717509","authorId":3565562352717509,"name":"Philentoma","avatar":"https://static.tigerbbs.com/39f36c499dc0d8a19f505543c74bc9a1","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.08.26","exceedPercentage":"93.23%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156043078,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"}],"langContent":"EN"},{"id":156029840,"gmtCreate":1625186928980,"gmtModify":1703737873340,"author":{"id":"3578522473795865","authorId":"3578522473795865","name":"KentxTeo","avatar":"https://static.tigerbbs.com/fe7b5ba2701712406a72f99907430051","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578522473795865","authorIdStr":"3578522473795865"},"htmlText":"Impressive gains&nbsp;","listText":"Impressive gains&nbsp;","text":"Impressive gains","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/156029840","repostId":1157474542,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5097589,"gmtCreate":1625187858996,"gmtModify":1663230416125,"authorId":3585307651801295,"author":{"id":3585307651801295,"idStr":"3585307651801295","authorId":3585307651801295,"name":"BeBob","avatar":"https://static.tigerbbs.com/4c7fb1588c34a61b54c3059c16e50b4e","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.27","exceedPercentage":"93.96%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156029840,"type":1,"supId":0,"prevId":0,"content":"Like and commentlike and comment","text":"Like and commentlike and comment","html":"Like and commentlike and comment"},{"id":5097837,"gmtCreate":1625189063979,"gmtModify":1663230412238,"authorId":4087917543790100,"author":{"id":4087917543790100,"idStr":"4087917543790100","authorId":4087917543790100,"name":"Kesslim","avatar":"https://static.tigerbbs.com/352bcd6ecc147875db824607e8f9baa1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156029840,"type":1,"supId":0,"prevId":0,"content":"FTW","text":"FTW","html":"FTW"},{"id":5097527,"gmtCreate":1625187561073,"gmtModify":1663230412132,"authorId":3582360052677778,"author":{"id":3582360052677778,"idStr":"3582360052677778","authorId":3582360052677778,"name":"ShirlySuet","avatar":"https://static.tigerbbs.com/57d93e0a20280806b45e744b5e2a11cb","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156029840,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"EN"},{"id":156020888,"gmtCreate":1625186893744,"gmtModify":1703737871212,"author":{"id":"4087542139266640","authorId":"4087542139266640","name":"Genesis8888","avatar":"https://static.tigerbbs.com/e4f98317491476f70ae52333cf9e86bb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087542139266640","authorIdStr":"4087542139266640"},"htmlText":"i love krispy kreme donuts.&nbsp;","listText":"i love krispy kreme donuts.&nbsp;","text":"i love krispy kreme donuts.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156020888","repostId":1157474542,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":82,"commentSize":13,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1157474542"}