Advertisement
Singapore markets close in 7 hours 6 minutes

  • Straits Times Index

    3,264.01
    -29.12 (-0.88%)
     

  • Nikkei

    37,942.52
    -517.56 (-1.35%)
     

  • Hang Seng

    17,139.33
    -61.94 (-0.36%)
     

  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     

  • Bitcoin USD

    64,333.85
    -2,477.66 (-3.71%)
     

  • CMC Crypto 200

    1,395.83
    -28.27 (-1.98%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Gold

    2,331.90
    -6.50 (-0.28%)
     

  • Crude Oil

    82.66
    -0.15 (-0.18%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • FTSE Bursa Malaysia

    1,572.37
    +0.89 (+0.06%)
     

  • Jakarta Composite Index

    7,174.53
    -7,110.81 (-49.78%)
     

  • PSE Index

    6,585.47
    +12.72 (+0.19%)
     

A Look at Supervalu’s Stock Performance and Valuations

Sonya Bells
Updated
A Look at Supervalu’s Stock Performance and Valuations

Supervalu’s (SVU) stock has failed to please investors for quite some time now. Poor financial performance and growing pessimism for the food retailer after Amazon’s entry into the space have been some of the key reasons behind SVU’s share price decline. It was reported on April 6 that the company is exploring the possibility of a potential sale after facing pressure from activist shareholders, including Blackwells Capital LLC. SVU’s share price soared on the news and closed 9.3% higher on April 6.

Continue reading