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Krispy Kreme (KKD Quote) slumped 9% early Thursday after the doughnut maker said regulators were probing its accounting.
The Winston-Salem, N.C., company said the Securities and Exchange Commission has asked for information that "generally concerns the company's franchise reacquisitions and the company's previously announced reduction in earnings guidance."
Krispy Kreme was long a Wall Street favorite, but the company's shares plunged this spring after it slashed earnings guidance, famously blaming the nation's low-carb craze. ...
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