Whole Foods Spikes on Albertsons Exploring A Takeover Bid - InvestingChannel

Whole Foods Spikes on Albertsons Exploring A Takeover Bid

Shares of Whole Foods Markets (WFM) were higher by 3.44% to $36.99 on Monday afternoon, following a report from the Financial Times noting that U.S. supermarket operator Albertsons is exploring a takeover of the grocery giant.

The story is developing, and $WFM is holding intraday gains. Here’s a daily chart: