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Krispy Kreme, Inc. (NASDAQ: DNUT) went public in the beginning of the , July 1 2021 under the ticker “DNUT”. They listed 26,666,667 shares of Common Stock which is pretty small float.
Over 1.5 billions donuts sold in 2020 year.
This is actually their second public offering. They went private a few years back and are now public again under the new ticker (DNUT) which is such a meme ticker symbol already in itself.
Key Points to jump in for a potential rally:
* On July 6th, there was almost 100 million in insider buys from the chairman and other parties
Positions: 7/6 20C, 8/20 20C will update after market close