Krispy Kreme(US:DNUT) Yahoo Finance·2025-09-18 20:19Core Insights - Krispy Kreme's shares surged by 15.6% in trading, driven by comments from FBI Director Kash Patel regarding his investment in the company [1][2][4] - Patel's remarks during a Congressional hearing highlighted his belief in Krispy Kreme as a good investment opportunity, which attracted attention from meme stock investors [2][4] - The stock's significant movement is attributed to a potential short-squeeze, as 23.1% of Krispy Kreme's float was sold short as of August 29 [4][8] Company Performance - Krispy Kreme has faced challenges this year, leading to skepticism about its performance [5] - The company recently announced a turnaround plan focusing on cost-cutting and outsourcing logistics, which investors are advised to monitor [7] - For the stock to regain its previous highs, Krispy Kreme needs to achieve revenue growth, although it faces headwinds from current health trends [8]