Supervalu Posting Steep Loss On Disappointing Q2 Revenues
WASHINGTON (dpa-AFX) - Supermarket chain Supervalu (SVU) has moved sharply lower during trading on Wednesday, tumbling by 8.4 percent. Earlier in the session, shares of Supervalu hit a three-month intraday low.
The steep drop by Supervalu comes after the company reported fiscal second quarter revenues that came in below analyst estimates.
Copyright RTT News/dpa-AFX
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