Grocery Outlet Holding Corp. (NYSE:GO) shares rose 7.5% during trading on Wednesday . The stock traded as high as $35.63 and last traded at $32.98. Approximately 2,427,932 shares were traded during trading, a decline of 39% from the average daily volume of 3,996,273 shares. The stock had previously closed at $30.69.
In related news, CFO Charles Bracher bought 2,610 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The shares were bought at an average cost of $22.00 per share, with a total value of $57,420.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.
About Grocery Outlet (NYSE:GO)
Grocery Outlet Holding Corp. owns and operates a chain of grocery stores in the United States. The company offers products in various categories, such as grocery, dairy and deli, produce, refrigerated and frozen, floral, beer and wine, general merchandise, and health and beauty care, as well as fresh meat and seafood; and natural, organic, specialty, and healthy products.
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