Food distributor United Natural Foods (UNFI) bought grocery retailer SuperValu in 2018. Integrating the acquisition has been messy and expensiveWall Street hates both those thingsFollowing the SVU purchase UNFI's shares were pummeled, dropping from north of $30 to as low as $6.56. An acquisition-related, $424.5 million write-off of goodwill and as...
Read the full story and get access to the Real Money Pro trading floor.
There's no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.