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We're putting some of our large cash pile to work in a beaten-down consumer name

Source: cnbc October 8, 2026 · 09:09
We're putting some of our large cash pile to work in a beaten-down consumer name
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We've been patient and waited for the stock to come down.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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