Kraft Heinz Plunges to Record Low on Writedown of Brands’ Value
A bottle of Heinz Kraft Co. Heinz brand Tomato Ketchup is arranged for a photograph in Dobbs Ferry, New York, U.S. (Photographer: Tiffany Hagler-Geard/Bloomberg)

Kraft Heinz Plunges to Record Low on Writedown of Brands’ Value

(Bloomberg) -- Kraft Heinz Co. plummeted the most on record Friday, one day after writing down the value of some of its best-known brands by $15.4 billion, an acknowledgment that changing consumer ...
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