NEW YORK — Shares of Minneapolis-based Supervalu rose significantly on Friday amid speculation the company might be an acquisition candidate, according to Bloomberg News Service here. Shares climbed 5.9% to close at $17.01 after rising to $17.89 earlier for the biggest intraday gain since April 2009, with trading of calls to buy the stock jumping to 36,000 contracts, also the most since last April, Bloomberg noted. Mario Barraza, a New York-based analyst with Kevin Dann & Partners, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.