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Cracker Barrel loses almost $100 million in value as stock plunges after new logo release.
Cracker Barrel shed almost $100 million in market value Thursday after its stock plunged following the release of a new logo. The new design eliminates a longstanding drawing of an overall-clad man leaning against a barrel, in favor of a cleaner logo featuring just the chain's name.
This is another go woke go broke situation. Where the CEO wants to change the company's image. Apparently not having any appreciation for who her customers are. What the main demographic is.
www.cbsnews.com
Cracker Barrel shed almost $100 million in market value Thursday after its stock plunged following the release of a new logo. The new design eliminates a longstanding drawing of an overall-clad man leaning against a barrel, in favor of a cleaner logo featuring just the chain's name.
This is another go woke go broke situation. Where the CEO wants to change the company's image. Apparently not having any appreciation for who her customers are. What the main demographic is.

Cracker Barrel loses almost $100 million in value as stock plunges after new logo release
Cracker Barrel stock plunged as much as 15% after the restaurant chain released a new logo that removes its long-time image of a man leaning against a barrel.

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