Albertson's Shares Are Trading Higher. The Stock Has Been Volatile After the Company's Merger With Kroger Was Recently Blocked.

Benzinga02:40

These Analysts Boost Their Forecasts On Kroger

Benzinga02:19

U.S. stock market morning | The three major indexes weakened slightly, Adobe fell over 12% after earnings; popular China Concept Stocks rose against the trend, with MINISO up more than 5%.

On the evening of December 12, Peking time, US stocks opened mixed on Thursday. Adobe's Earnings Reports were disappointing, leading to a sharp decline in stock price. The number of people applying for unemployment benefits in the USA unexpectedly increased last week, and the PPI for November rose more than expected. The European Central Bank cut interest rates for the fourth time this year.

Dec 12 23:02

Telsey Advisory Maintains Albertsons Companies(ACI.US) With Hold Rating, Cuts Target Price to $21

Futu NewsDec 12 22:33 · Ratings

Albertsons Companies (ACI) Gets a Hold From Telsey Advisory

TipRanksDec 12 21:45 · Ratings

US stock market outlook | The three major futures indices show slight weakness, with both PPI and initial jobless claims data exceeding expectations; poor earnings guidance leads to Adobe dropping over 10% in pre-market trading.

Central Economic Work Conference: Implement more proactive and effective macro policies to expand domestic demand; not swayed by CPI, the U.S. bond market is more concerned with employment data; The Kroger rose more than 2.4% in pre-market trading and announced it would repurchase 7.5 billion dollars in stocks after the merger deal with Albertsons Companies fell through.

Futu NewsDec 12 21:20