While not at the highest it's ever been ($42ish), if it holds it'll be back at pre-"Amazon is gonna build a whole bunch of grocery stores" announcement level.
-- Edited by Going 4011 on Wednesday 6th of November 2019 03:54:02 AM
Stocks are based on investor trust and outlook reports. It has very little to do with actual performance.
Yes and Kroger had a better outlook report. Do you think they wont hit their targets? The big money does and big money talks
When you fire a great deal of your management force to meet your previous years projected earnings then yes I believe they will end up missing next years outlook as well. More and more people are ditching big box and it's going to keep happening.
I have a feeling that the only reason the stock price went up is due to the "new announcement" that was leaked last week about to hit. Depending on what it actually is we will see the stock fluctuate again.
-- Edited by BagBoy on Wednesday 6th of November 2019 12:41:52 PM
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Would you like fries with th... I mean, your milk in a bag?
if I understand correctl, Kroger felt that their stock was worth more than what it was on the New York stock exchange. So they bought back stock from investors.
if I understand correctl, Kroger felt that their stock was worth more than what it was on the New York stock exchange. So they bought back stock from investors.
if I understand correctl, Kroger felt that their stock was worth more than what it was on the New York stock exchange. So they bought back stock from investors.
I don't think it's worth more, but if krKrog convinces people it was undervalued, then they can make money when they sell it at the higher price. Iny opinion if it was truly worth more the price would reflect that without needing to do a buyback. Walmart, target, dollar tredollar tree stock are at around a $100. Krogeostock was in the twenties. There is a reason for that .it may have temporarily risen because of this new outlook outlook report, which is just a forecast not real results.
Some enormous German banking institution said they think the new digital swindles will work. They didn't put it like that, of course. You take good care of YOUR money. Look out for scams to rob you of cash and privacy.
