U.S. stock market update: Krispy Kreme down 9.16%

U.S. Stock Market Midday Update

Krispy Kreme fell 9.16%, with increased trading volume. Based on recent key news:

1. On July 23, Krispy Kreme surged 39% at the open due to a short squeeze, but the closing gain narrowed to 4.6%, indicating insufficient market confidence in its fundamentals.

2. On July 25, a retail investor speculation frenzy led to significant volatility in Krispy Kreme's stock price, increasing risk.

3. On July 28, analysts maintained a wait-and-see attitude towards Krispy Kreme, not including it in their recommended buy list.

Stocks with High Trading Volume in the Industry

Mexican Grill fell 1.91%, with a trading volume of $283 million. Based on recent key news:

1. On July 25, Mexican Grill reported a 4% decline in same-store sales for the second quarter and lowered its same-store sales forecast for 2025, leading to a sharp drop in stock price.

2. On July 26, financial giants took a clearly bearish stance on Mexican Grill, with options trading showing that 53% of traders held a bearish outlook, further pressuring the stock price.

3. On July 27, analysts downgraded Mexican Grill's rating due to weak sales and lowered guidance, continuing to pressure the stock price.

Starbucks rose 0.46%, with a trading volume of $228 million. Based on recent key news:

1. On July 28, Luckin Coffee opened a new store in Manhattan, directly challenging Starbucks, showcasing its expansion ambitions, with profitability expected within the next 12 to 18 months, causing fluctuations in Starbucks' stock price.

2. On July 25, Starbucks opened its largest flagship store in Taiwan, attracting significant attention, enhancing its brand image, and driving up the stock price.

3. On July 23, Starbucks launched a self-study room service aimed at attracting more consumers, although initial effects were not significant, indicating adjustments in its market strategy.

McDonald's fell 0.62%, with increased trading volume. Based on recent key news:

1. On July 28, McDonald's planned to sell eight premium retail properties in Hong Kong, with a total market value of approximately HKD 1.2 billion. This move aims to optimize its real estate portfolio and did not affect restaurant operations, leading to a 0.62% drop in stock price.

2. On July 28, McDonald's announced it would test a new beverage in over 500 restaurants to attract younger consumers, with no significant impact on stock price.

3. On July 28, analysts maintained a hold rating on McDonald's, not including it in their recommended buy list, with a muted market reaction.

Stocks with High Market Capitalization in the Industry

Doordash fell 0.82%, with a market capitalization of $105 billion. Based on recent key news:

1. On July 25, U.S. food delivery leader Doordash traded closely at the support level of the 21-day moving average after a significant rise.

2. On July 26, Palantir's stock price soared, placing its market capitalization among the top 20 companies in the U.S., driving an overall rise in tech stocks On July 25th, Pinduoduo's market value expanded, improving investor sentiment and driving the e-commerce sector up