Stock Chart to Watch: Kroger in Focus as Merger With Albertsons Delayed
ACIAlbertsons Companies(ACI) Investopedia·2024-01-16 23:25

Key TakeawaysKroger 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.Source: TradingView.com.Share ...