MARKET DROP HURT FOOD STOCKS

NEW YORK -- After outperforming the market in February and March, most supermarket industry stocks gave back their hard-earned price increases during the recent market decline.The Dow Jones Industrial Average, which lost 139 points the last week of March, stabilized last week and closed Wednesday at 3,678. Many supermarket stocks, which had climbed even as the market began declining in early February,

NEW YORK -- After outperforming the market in February and March, most supermarket industry stocks gave back their hard-earned price increases during the recent market decline.

The Dow Jones Industrial Average, which lost 139 points the last week of March, stabilized last week and closed Wednesday at 3,678. Many supermarket stocks, which had climbed even as the market began declining in early February, settled in at lower price levels, though.

Stocks of 11 supermarket operator

Register to view the full article