Whole Foods Shares Rally on Takeover Talk: Friday's Chart of the Day

Now watching

Next video starts in : 7 Play

Whole Foods Shares Rally on Takeover Talk: Friday's Chart of the Day

Whole Foods Shares Rally on Takeover Talk: Friday's Chart of the Day
Replay video
Up next

Expedia Tops S&P 500; Stocks Slip as Crude Oil Drops 21% in July

Unlock your personal NFL Now stream by signing in to NFL.com

Whole Foods Shares Rally on Takeover Talk: Friday's Chart of the Day

by TheStreet 0:55 mins

Whole Foods (WFM) shares are finally rallying, but that's not going to be enough to turn its recent performance around. The organic grocery retailer is up lately, after buyout rumors emerged, alleging U.K. retailer Publix could acquire the company. Still, shares are down more than 25 percent in 2014, and that compounds 12 month losses totaling about 16 percent. With plans to launch more stores, the company will need its hyper-fresh products to catch on with far more consumers if it will support its growth going forward. Analysts remain mixed on Whole Foods, but that could change, soon.

View Comments (0)