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Stock Alert: Kroger Shares Continue To Rise

Kroger Co. (KR) shares are continuing its uptrend in initial trading after celebrated investor Warren Buffett revealed stake in the company on Friday.

KR is currently up 7.70 percent at $30.42.The major retail company has been trading above its 200-day moving average and gapped up at open.

The shares have been trading in a range of $20.70 to $30.49 for the 52 week period.

The stocks closed at $28.23 on Friday when Buffet revealed his 2.4 percent stake in the supermarket giant.

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