Investor jitters send Krispy Kreme stock tumbling despite posting 34 percent hike in 3Q net income - Winston-Salem Journal: Business News

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Investor jitters send Krispy Kreme stock tumbling despite posting 34 percent hike in 3Q net income

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James Morgan

Posted: Tuesday, December 3, 2013 12:49 pm

For the second consecutive quarter, Krispy Kreme Doughnuts Inc. is paying a stiff price for not meeting analyst and investor expectations.

Krispy Kreme share price, as of noon Tuesday, had plunged nearly 20 percent or by $4.77 in trading to $19.43 a share as investors focused on the company’s next fiscal year.

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