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Krispy Kreme Stock Jumps on McDonald's Donut Deal

·1 min

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Shares of Krispy Kreme surged after the company announced a deal to sell its donuts at McDonald’s restaurants across the U.S. This partnership will allow Krispy Kreme to expand its reach and increase its sales. The move comes as both companies aim to capitalize on the popularity of donuts and drive traffic to their respective locations. With this collaboration, Krispy Kreme hopes to further solidify its position in the market and generate more revenue. This news has led to a boost in investor confidence, resulting in a surge in the company’s stock price.