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Stock impact report

Here's Why Krispy Kreme (DNUT) Detracted in Q2 [Yahoo! Finance]

Krispy Kreme, Inc. (DNUT) 
Company Research Source: Yahoo! Finance
A copy of the letter can be downloaded here . The fund decreased 0.21% (Institutional Shares) in the second quarter outperforming the Russell 2500 Growth Index's (the Benchmark) 4.22% decline. It became clear throughout the quarter that the Federal Reserve's (the Fed) restrictive actions over the previous year were starting to reduce employment, job growth, and inflation. The deceleration of economic growth gave investors hope that the Federal Reserve would begin reducing interest rates as early as this fall. Please spare some time to check the fund's top 5 holdings to know more about their top bets for 2024. Baron Focused Growth Fund highlighted stocks like Krispy Kreme, Inc. (NASDAQ: DNUT ) in the second quarter 2024 investor letter. Krispy Kreme, Inc. (NASDAQ:DNUT) is a Doughnut producing company. The one-month return of Krispy Kreme, Inc. (NASDAQ:DNUT) was 16.91%, and its shares lost 15.06% of their value over the last 52 weeks. On September 3, 2024, Krispy Kreme, Inc. (NASDAQ:D Show less Read more
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