Trumpster "Papa John" founder stock plunge after caught saying "N*gger"“Colonel Sanders called blacks niggers and he was never publicly condemned for his remarks"
The founder of Papa John’s apologized after a report that he used the N-word during a sensitivity training call in May caused the pizza chain’s stock to tumble Wednesday.
“News reports attributing the use of inappropriate and hurtful language to me during a media training session regarding race are true. Regardless of the context, I apologize. Simply stated, racism has no place in our society,” founder John Schnatter said in a statement issued through the company.
Shares of Papa John’s fell by up to 6% in intraday trading, wiping out roughly $96 million in market value.