FTC sues to stop Kroger, Albertsons deal, Coinbase surges: Yahoo Finance Live
The US Federal Trade Commission is attempting to block Kroger’s (KR) nearly $25 billion acquisition of Albertsons (ACI). The FTC alleges the deal will “eliminate fierce competition” between the two companies, resulting in higher prices for consumers. On Wall Street, one stock that is on the move is Coinbase (COIN). Its shares are surging on the rise in bitcoin (BTC-USD) and Ethereum (ETH-USD). Other trending tickers on Yahoo Finance include Walmart (WMT), Alphabet (GOOGL, GOOG), and Micron Technology (MU).
Top guests on Yahoo Finance Live today include:
3:05 p.m. ET - Gregory Daco, EY Chief Economist
3:20 p.m. ET - Matt Miskin, John Hancock Investment Management
4:05 p.m. ET - Cathy Seifert, CFRA Vice President, Equity Research
4:25 p.m. ET - Sinan Aral, MIT David Austin Professor of Management
