NPR News: Kraft Heinz Stock Drops After Announcement Of Big Loss, SEC Probe
Kraft Heinz Stock Drops After Announcement Of Big Loss, SEC Probe
Its stock dropped 28 percent after the company announced a $12.6 billion loss for the fourth quarter. It said it was writing down the value of the Kraft and Oscar Mayer names by $15.4 billion.
Read more on NPR
Its stock dropped 28 percent after the company announced a $12.6 billion loss for the fourth quarter. It said it was writing down the value of the Kraft and Oscar Mayer names by $15.4 billion.
Read more on NPR
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