Chart to Watch: Kroger in Focus as Merger With Albertsons Delayed
ACIAlbertsons Companies(ACI) Investopedia·2024-01-16 21:55

Key Takeaways o o o Kroger and Albertsons have pushed back the timeline for a planned merger, citing ongoing dialogue with regulators. The news came on the same day that Washington State's attorney general filed a lawsuit to prevent the proposed tie-up between the grocery store operators. The Kroger share price may find support near a short-term uptrend line and the 50-day moving average around $45. Here is a look at a chart tied to recent news, with important technical levels to monitor. |+ This image depi ...