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Grocery Outlet's stock drops to $12.88 as analysts lower ratings, despite insider buying.
Grocery Outlet Holding Corp. (NASDAQ: GO) saw its stock ratings lowered by several investment analysts, resulting in a drop to $12.88 per share.
SVP Lindsay E. Gray sold 1,856 shares, reducing her stock position by 4.48%.
The company, which operates around 400 stores selling fresh and consumable goods, has also seen insiders purchase 200,000 shares in the past 90 days.
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Las acciones de Grocery Outlet bajan a $12.88 mientras que los analistas bajan las calificaciones, a pesar de comprar información privilegiada.