Shares of Kroger Co.
slipped 0.89% to $39.12 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. This was the stock's second consecutive day of losses. Kroger Co. closed $8.87 below its 52-week high ($47.99), which the company reached on September 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Walmart Inc.
rose 1.08% to $139.87, Sprouts Farmers Market Inc.
fell 0.18% to $22.49, and Ingles Markets Inc. Cl A
fell 0.57% to $67.65. Trading volume (5.8 M) remained 2.0 million below its 50-day average volume of 7.8 M.