Investors Check Out Of Krogers

The Kroger Co KR shares are trading lower by $3.65 at $37 in Thursday's session. Its Q4 beat of $0.03 with a slight miss in revenues, along with FY2016 guidance surrounding Wall Street estimates of $2.23 at $2.19-$2.29.

After a lower open, it managed a brief rally to $38.43 before continuing lower. So far, it has fallen under $37 to $36.88 and has not been able to distance itself from that low. That low coincides with its February 12 low ($36.91).