Kraft Heinz Stock Plunges As Company Takes 15 Billion Write Down And Reveals An SEC Investigation

SAN RAFAEL, CALIFORNIA - FEBRUARY 22: Packages of Kraft Singles are displayed on a grocery store shelf on February 22, 2019 in San Rafael, California. Kraft Heinz Co., maker of Kraft and Oscar Meyer products, reported a $12.6 billion fourth quarter loss and announced an Securities and Exchange Commission investigation into accounting policies with vendor agreements. The company also said it will cut its quarterly dividend by 36 percent. The company's stock plummeted 28 percent on the news. (Photo by Justin Sullivan/Getty Images)
Kraft Heinz Stock Plunges As Company Takes 15 Billion Write Down And Reveals An SEC Investigation