By Sam Silverstein
Source: Grocery Dive
Two years after Kroger and Albertsons announced their controversial plan to merge, investors are sending sharply diverging signals about how they view the grocers’ prospects.
While Kroger’s share price has shot up more than 30% since the start of 2024, Albertsons’ stock market value has sagged over 13% during the same period. During that time, the companies have dealt with legal challenges to their proposed combination from the Federal Trade Commission and the attorneys general of Washington state and Colorado.
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