SUPERVALU (SVU) Bounces Off Lows as Private Equity Kicks the Tires
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Price: $6.80 --0%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 7.6%
EPS Growth %: -136.8%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 7.6%
EPS Growth %: -136.8%
Trade SVU Now!
SUPERVALU Inc. (NYSE: SVU) is bouncing off morning lows on reports private equity firms KKR and Blackstone are kicking the tires.
Shares are down 2.7 percent based on hefty terms of a loan, but are well off the lows.
As part of the announcement Wednesday that tanked the stock the company said it would review strategic alternatives.
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Shares are down 2.7 percent based on hefty terms of a loan, but are well off the lows.
As part of the announcement Wednesday that tanked the stock the company said it would review strategic alternatives.
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