Why Investors Soured on Kraft Heinz Stock Thursday
Food stock Kraft Heinz (NASDAQ: KHC) had a tough day Thursday. Although it was an upbeat day for stocks generally, investors sold off Kraft Heinz to the point where it closed more than 6% lower. UBS analyst Cody Ross got the ball rolling downhill Thursday morning, when he lowered his recommendation on Kraft Heinz stock to sell from the previous neutral.