Publix stock price declines despite strong sales gains in 3rd quarter
Publix unveils four new Florida stores with unique features
Publix Unveils Four New Florida Stores, Unique Features Publix is opening four new stores in Florida between October and November.
- Publix has lowered its stock price from $21.15 to $20.40 per share despite positive third-quarter sales and earnings.
- Publix stock is privately held and only available to current associates and board members.
- Experts suggest the price drop may be a response to economic uncertainty, including a potential government shutdown and its impact on grocery spending.
For the first time in a few years, Lakeland-based Publix Super Markets Inc. has lowered its stock price despite a positive third-quarter report that showed year-over-year sales and earnings…
