Week in stocks: Kroger, RV-maker Thor among gainers; Marathon Oil down

Kroger Co. shares rose 12.5 percent to $27.48 Thursday after it forecast upbeat same-store sales for the holiday quarter and reported higher-than-expected third-quarter results as aggressive discounting lured more customers to its stores.

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December 3, 2017 at 5:32AM
FILE - In this Feb. 1, 2010 file photo, the sign above a gas pump is shown at the Marathon gas station in Indianapolis. Marathon Oil said Tuesday, May 4, 2010, its first-quarter profit rose 62 percent as higher oil prices offset losses in the company's refining business.(AP Photo/Michael Conroy, file)
A decline in crude prices weighed on energy stocks Monday, sending Marathon Oil shares down. (The Minnesota Star Tribune)

Crowded aisles: Kroger Co. shares rose 12.5 percent to $27.48 Thursday after it forecast upbeat same-store sales for the holiday quarter and reported higher-than-expected third-quarter results as aggressive discounting lured more customers to its stores. Shares closed the week at $25.67.

RV surge: Thor Industries gained 13.3 percent to $154.37 Tuesday after beating earnings estimates, citing a surge in demand for lightweight towable trailers and uptick in buying among millennials. Shares closed the week at $151.59.

Timely deal: Better Homes & Gardens publisher Meredith rose 11.8 percent to $68.20 Monday, after saying that it will buy Time for $1.8 billion, or $18.50 a share. Meredith shares closed the week at $67.90. Time, which surged 9.3 percent, to $18.48 on the news, closed Friday at $18.60.

Ctrl+Alt+Delete: Autodesk, a software maker, plunged 14.5 percent to $111.03 Wednesday after reporting a weak quarter and saying it would cut jobs. Shares closed Friday at $107.06.

Oil swoon: A decline in crude prices weighed on energy stocks Monday, sending Marathon Oil shares down 3.8 percent, to $14.55. The shares closed Friday at $15.08.

Ugly outlook: Ulta Beauty slid 4 percent Friday to $212.58 after the beauty products retailer issued a disappointing forecast for the current quarter.

Going private: Barracuda Networks jumped 16.4 percent to $27.57 Monday after the cloud-based security company agreed to be taken private. Shares closed Friday at $27.51.

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