Crashed 25% - I'll repost the link
"Kraft Heinz has crashed 25% ahead of today's open after writing down the value of some of its best-known brands"
136 billion in market value last September at $61 per share now $34.74 and now 77 billion or so. Berkshire-Hathaway has taken a $25 billion hit so far.
I heard about the Kraft Heinz stock crash this morning on the radio. Processed foods aren’t so “in” anymore. Buffet needs to rethink his position.
-SB
:: Kraft Heinz has crashed 25% ahead of today’s open ::
Hmmmmm....the Street knows? In the early morning hours (I heard about it at 0530).
Kerry isn’t in the news because he’s tied to CF? Hillary? Obamugabe? Democrat? SecState (position of advantage for this type of crime)? Cnxn to Haiti?
Take your pick.