Krispy Kreme gains as billionaire investor Ron Baron pitches

• Krispy Kreme (NASDAQ:DNUT) rose 2.3% in premarket trading after billionaire investor Ron Baron said he purchased the shares this past year.
• He paid on average $14 or $15 for the Krispy Kreme (DNUT) shares, Baron, well known for his Tesla (TSLA) investment, commented in an interview with CNBC on Friday.
• Baron sees the opportunity for Krispy Kreme (DNUT) to add an additional $2 billion in revenue for the stands it opens within retail stores like Walmart.
• Baron Capital owned 4.66 million shares of Krispy Kreme (DNUT) as of the end of March.

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