Cracker Barrel (CBRL) Stock Trades Down, Here Is Why
Shares of restaurant company Cracker Barrel (NASDAQ:CBRL) fell 11.7% in the morning session after the company unveiled a new logo that sparked a significant online backlash, drawing comparisons to the Bud Light controversy. The restaurant chain’s new design, which replaces its long-standing rustic emblem with a modernized, text-only version, sparked a backlash online from critics…