Why Cracker Barrel Stock Is Cracking Up
Shares of Cracker Barrel Old Country Store (NASDAQ: CBRL) stock, which runs the famed chain of "old country stores" and restaurants, is cracking under the pressure of a social media outcry today.
Cracker Barrel's old logo. Image source: Cracker Barrel.
For the first time in 47 years, reports USA Today, Cracker Barrel will change its logo, removing the iconic old guy sitting on a wicker chair and leaning on a barrel, and the "old country store" tag line, and replacing it with a simple company name, surrounded by a six-sided figure with rounded corners.
Source Fool.com
