Grocery Stocks Soar in Market Rebound

Stocks in supermarket operators — including battered names like Whole Foods Market and A&P — rebounded strongly Monday as markets reacted to news of Citigroup’s bailout.

NEW YORK — Stocks in supermarket operators — including battered names like Whole Foods Market and A&P — rebounded strongly Monday as markets reacted to news of Citigroup’s bailout. Whole Foods gained more than 21% to close at $9.97 — still down about 80% from its 52-week high. A&P, which was also trading at historical lows, gained by nearly 12% to close at $4.21. Other big gainers included Village Supermarket (up 9.5%) and Supervalu (up 7.5%). The Dow Jones Industrial Average was up nearly 5% Monday.

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