Down More Than 70% From Its High, Is Krispy Kreme Stock a Bargain Buy?

Krispy Kreme (NASDAQ: DNUT) hasn't been a great stock to own this year. It's down more than 70% from its 52-week high of $12.68, which it reached last November. Since then, it's been in a persistent downward spiral as its lackluster results haven't given investors much of a reason to invest in the business.The company, however, still has a well-recognized brand, and it's a popular option for consumers who are buying doughnuts or coffee. Could the rapid decline in its share price make for a great buying opportunity for long-term investors, or is Krispy Kreme's stock likely heading lower?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool