Jump to content

Kraft Heinz shares plummet after revelation of SEC probe and $15 billion write-down


tacobell fan

Recommended Posts

Shares in Kraft Heinz fell nearly 30% on Friday following the revelation that the company was the focus of an SEC investigation. Kraft Heinz also revealed late Thursday that it wrote down the value of its iconic brand by more than $15 billion following disappointing fourth-quarter earnings.

D0B9OGDWwAAcTyz.jpg

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...