22.08.2013 14:00:00
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Pre-Market Analysis: The Kroger Co., SUPERVALU Inc., Whole Foods Market Inc., and Safeway Inc.
LONDON, August 22, 2013 /PRNewswire/ --
The U.S. equity market closed on a lower note on Wednesday, August 21, 2013. All three benchmark indexes declined, with the Dow Jones Industrial Average falling 0.70%, the S&P 500 falling 0.58%, and the NASDAQ composite declining 0.38%. Shares in the services sector slipped on Wednesday, tracking losses in the broader market. The major movers in the sector included The Kroger Company (NYSE: KR), SUPERVALU Inc. (NYSE: SVU), Whole Foods Market Inc. (NASDAQ: WFM), and Safeway Inc. (NYSE: SWY). All these companies are tracked by AAAResearchReports.com. Free technical research on KR, SVU, WFM, and SWY can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
Shares in The Kroger Company ended lower on Wednesday after fluctuating between $37.39 and $37.75. The company's shares finished the day 0.82% lower at $37.47. A total of 3.36 million shares were traded, which is below the daily average volume of 3.88 million. Despite yesterday's pullback, the company's shares have gained 7.58% in the last three months, outperforming the S&P 500 which has lost 1.58% during the same period. Further, The Kroger Company's shares are trading above their 50-day and 200-day moving averages. Sign up and read the complimentary report on KR at:
http://www.AAAResearchReports.com/KR082213.pdf
Shares in SUPERVALU Inc. plummeted on Wednesday, as the broader market declined. The company's shares fluctuated between $7.19 and $7.47 before closing the day at $7.20, down 3.23%. A total of 3.11 million shares were traded, which is below the daily average volume 4.79 million. Further, the company's shares have gained 5.88% in the last three months, compared to 1.58% loss in the S&P 500 during the same period. Additionally, SUPERVALU Inc.'s stock is trading above its 50-day and 200-day moving averages. The free report on SVU can be downloaded by signing up now at:
http://www.AAAResearchReports.com/SVU082213.pdf
Shares in Whole Foods Market Inc. closed 0.46% lower at $52.20 on Wednesday after oscillating between $52.11 and $52.94. A total of 2.18 million shares were traded, which is less than its daily average volume of 2.61 million. The company's stock has lost 0.64% in the last three months, outperforming the S&P 500 which has lost 1.58% during the same period. Despite the recent losses, Whole Foods Market Inc.'s stock is trading above its 200-day moving average. A free report on WFM can be accessed by registering at:
http://www.AAAResearchReports.com/WFM082213.pdf
On Wednesday, Safeway Inc.'s shares ended the day 1.13% lower at $26.26 after fluctuating between $26.04 and $26.55. A total of 3.48 million shares were traded, which is below the daily average volume of 5.35 million. The company's shares have gained 0.42% in the last one month and 8.02% in the last three months, outperforming the S&P 500 which has lost 2.91% and 1.58% during the respective periods. Furthermore, Safeway Inc.'s stock is trading above its 50-day and 200-day moving averages. Register with AAA Research Reports and download research on SWY for free at:
http://www.AAAResearchReports.com/SWY082213.pdf
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SOURCE AAA Research Reports
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