Domino’s Pizza hits all-time low after inaccurate downgrade news

Domino's Pizza, Inc. (NYSE:DPZ) hit an all-time low Friday at $10.58 per share with volume soaring to more than 800,000 shares. The Ann Arbor-Mich.-based pizza delivery company said there were inaccurate reports circulating that said Domino’s had been downgraded by investment bank J.P. Morgan. Domino’s was working Friday to have corrections issued, the company said. At midday Friday, the stock was at $11.62, down $0.17 or 1.4% from Thursday’s close.

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