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Why Krispy Kreme Stock Sank Today

TheMotleyFool

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Krispy Kreme (NASDAQ: DNUT) stock got hit with significant sell-offs in Monday's trading. The company's share price closed out the daily session down roughly 7% and had been down as much as 9.5% earlier in trading.

There wasn't any major company-specific news that pushed Krispy Kreme's valuation lower today, but gains for the stock prior to today's trading were also disconnected from the doughnut specialist's fundamentals. Even with today's pullback, the stock is still up roughly 26% over the last week.

Image source: Getty Images.

Source Fool.com

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