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Kroger's shares have suffered a lot this year, but a board director of the supermarket giant has stocked up. This is the first insider purchase in two years.
The title of Kroger (symbol: KR) is down 21.0% since the beginning of the year, against a 19.3% increase in the S & P 500. Kroger has still not recovered from a strong down in March after announcing disappointing results for the fourth quarter. The improved results and the increase in the dividend, both in June, did not revive Kroger shares.
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