Business Insider reports that Papa John's stock dropped over 14% on Tuesday.
The drop came after a report indicated that Trian Fund Management was no longer interested in buying the company.
According to Business Insider, "Papa John's was plunging Tuesday afternoon following a report suggesting the private-equity firm Trian Fund Management is no longer interested in a deal." Their shares..
According to Business Insider, Papa John's missed on both the top and bottom lines, but its comparable sales slump was better than feared.
The pizza chain slashed the high end of its profit guidance,..
Earlier this year, Pizza Hut signed a sponsorship deal with the NFL to replace Papa John's after the chain's former CEO and founder came under fire for his criticism of NFL players kneeling during the..