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Did BlackRock and Vanguard Orchestrate Cracker Barrel's Brand Suicide to short the Stock?
12 days ago
206
Oooo is she onto something? 👀
- Investor Sardar Biglari warned Cracker Barrel four times with a 120-page report labeling rebrand as a disaster waiting to happen, but it was ignored by CEO and big shareholders.
—— did insiders short the stock before announcement, profiting from $200 million market plunge?
- CEO Julie Felice Masino did not resign despite a 20% stock drop and pushing DEI, pride events. The CEO's poor judgment created a toxic environment, menu cuts, and harsh employee treatment per leaked letter.
She is definitely onto something and the Securities and Exchange Commission should investigate. They did the exact same thing with Kodak.
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