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The Latest Breaking News from Grocery Outlet

CrowdStrike, KKR, GoDaddy To Join S&P 500 In Quarterly Rebalance; Stocks Jump

CrowdStrike, KKR and GoDaddy will join the index before the open on June 24, as part of the quarterly rebalance.

Investors Business Daily

RSI Oversold Indicator Points to Possible Upside for Gevo (GEVO) Stock

While the biofuels specialist has been beaten down, the enticing nature of the business could attract speculators, making GEVO stock a possible opportunity.

Barchart

RSI Oversold: The Contrarian Indicator Identified an Opportunity in Grocery Outlet (GO)

For those who prefer to march to their own beat, GO stock provides plenty of upside potential for those willing to risk extreme volatility.

Barchart

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The T.J. Maxx of groceries goes low to take on Costco, Kroger and Target

An emerging grocery retailer bases its business model on name brands and treasure-hunt shopping.

The Street

Exodus of major, full-service grocers offering healthy variety paints a bleak picture of food access for some in Chicago

The number of Chicagoans living over a mile away from a supermarket or superstore — a major grocer — has jumped by 63% in the past decade, a WBEZ-Chicago Sun-Times analysis found.

Chicago Sun-Times

Dow Jones Surges On Cool CPI Inflation Data; Elon Musk Sells More Tesla Stock

The Dow Jones Industrial Average surged 460 points on cool CPI inflation data. Elon Musk sold nearly $7 billion worth of Tesla stock.

Investors Business Daily

Warren Buffett-Backed EV Maker BYD Leads 5 Strong Stocks In Bear Market

BYD, the Warren Buffett-backed EV giant, is near a buy point, leading five stocks to watch in a bear market.

Investors Business Daily

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BofA Downgrades This Grocery Store Operator

BofA analyst Robert Ohmes downgraded Grocery Outlet Holding Corp (NASDAQ:GO) to Underperform from Neutral with a price target of $23, down from $26. The analyst expects the company to have challenges on sales and margins in 2022. Ohmes added that the valuation of Grocery Outlet is extended based on its return on invested capital relative…

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