The CEO was put there to do just this...
https://www.nasdaq.com/market-activity/stocks/cbrl/institutional-holdings
And the info at the above makes it clear that this was no accident.
I know folks who do their Christmas shopping at Cracker Barrel.
Won’t they won’t be doing that anymore, either...
Cracker Barrel has lost 100 Million Dollars in valuation just today. I’m not sure that benefits its institutional shareholders all that much.