Updated
Updated · MarketWatch · Apr 30
Kroger stock rises for third straight day
Updated
Updated · MarketWatch · Apr 30

Kroger stock rises for third straight day

13 articles · Updated · MarketWatch · Apr 30
  • Shares gained 1.45% to $68.07 on Thursday as the S&P 500 rose 1.02% and the Dow Jones climbed 1.62%.
  • Despite the advance, Kroger closed 11.11% below its 52-week high of $76.58 reached on 12 March.
  • The stock's performance was mixed against rivals, trailing Walmart, Costco and Amazon gains, while trading volume of 5.8 million stayed below its 50-day average of 6.2 million.
After the failed Albertsons merger, can Kroger’s new CEO actually double its stock value while battling formidable value grocers?
As Kroger's new CEO cuts costs to lower prices, is a 'war' with labor unions an unavoidable consequence for the company's future?