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Papa John's is surging after founder John Schnatter resigns from board and apologizes for using a racial slur (PZZA)

Business Insider Thursday, 12 July 2018
Papa John's is surging after founder John Schnatter resigns from board and apologizes for using a racial slur (PZZA)**

· *Papa John's founder and executive chairman John Schnatter resigned Wednesday following a public apology for using a racial slur on a conference call in May. *
· *The pizza stock surged more than 5% in early trading Thursday, erasing some of its heavy losses from Wednesday.*
· *Follow Papa John's stock price in...
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News video: Papa John's Chairman John Schnatter resigns

▶ Papa John's Chairman John Schnatter resigns 01:30

Pizza chain Papa John’s International said its founder and former chief executive, John Schnatter, resigned as chairman of the board after backlash for using a racial slur on a conference call. Chris Dignam reports.

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