NASDAQ:GO - Nasdaq - US39874R1014 - Common Stock - Currency: USD
The company appointed a new chief executive and CFO early this year.
Mentions: XRT
Shares of discount grocery store chain Grocery Outlet (NASDAQ:GO) jumped 7.1% in the morning session after Jefferies upgraded the stock's rating from Neutral to Buy. The firm added, "We upgrade GO to BUY, given our view that the company's defensive positioning as a low-price grocer could drive outperformance during periods of economic uncertainty."
Over the past six months, Grocery Outlet’s shares (currently trading at $13.56) have posted a disappointing 19.3% loss while the S&P 500 was down 1.6%. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Mentions: META
/PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Grocery Outlet Holding Corp. (NASDAQ: GO). Shareholders who purchased shares...
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/PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Grocery Outlet Holding Corp. ("Grocery Outlet" or the "Company") (NASDAQ: GO) of a class action...
/PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Grocery Outlet Holding Corp. (NASDAQ: GO) between...
/PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed...
/PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Grocery Outlet Holding Corp. (NASDAQ: GO). Shareholders who purchased shares...
/PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Grocery Outlet Holding Corp. ("Grocery Outlet" or the "Company") (NASDAQ: GO) of a class action...