Why Did Kroger Stock Fall 12% in September?
Shares of Kroger (NYSE: KR) dropped 12.1% in September due to a poorly received earnings report and difficult overall market conditions. Despite beating analyst estimates and raising guidance, shares of the grocer fell more than 8% on Sept. 10 following its second-quarter earnings release. The S&P 500 index dropped 4.65% in the month as capital flowed out of the stock market, driving Kroger's price down even further.
KR total return level data by YCharts.
Source Fool.com