What Happened to the Major U.S. Retail Stocks That Lost 800 Billion Won in a Day?

On the New York Stock Exchange, Albertsons Companies Inc. (ACI) closed at $16.66, down 7.39% from the previous session. The company’s market capitalization stands at about $8.5 billion (approximately KRW 11.5 trillion), with nearly $590 million (around KRW 800 billion) wiped out in a single day. Trading volume was roughly 4.62 million shares.

RBC Capital reaffirmed its “Outperform” rating on ACI with a $21 price target, citing upside potential from current levels. The company has scheduled its fiscal 2025 fourth-quarter and full-year earnings release for April 14, 2026, prompting expectations that short-term earnings momentum could heighten share-price volatility.

Albertsons is a leading food and pharmacy retailer operating supermarkets and pharmacies under more than 20 brands—including Albertsons, Safeway and Vons—in over 30 U.S. states. In December 2024, the company officially abandoned its proposed merger with Kroger and instead adopted a stand-alone strategy by boosting dividends and launching a $2 billion share buyback program.