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Stock Market Crash Takes Toll on C-Stores

Public companies work through one more challenge amid the coronavirus pandemic
stock market
Photograph: Shutterstock

CHICAGO — During a spring when retailers are likely to miss out on the usual fuel price and demand lifts, several major convenience-store players are also taking hits on the stock market.

U.S. stock markets have seen major losses as concern about the coronavirus has grown across the country. A March 9 rout knocked 7.6% off the S&P 500 index, while the Dow Jones Industrial Average plunged nearly 3,000 points on March 16, the worst day for stocks since 1987.

Here’s a look at how c-store stocks have fared through these events:

CompanyPosition on CSP's Top 202Recent highPrice on March 13Price on March 17
Alimentation Couche-Tard (Circle K)2March 5: $43.68$36.40$33.15
Casey's General Stores4March 10: $175.22$152.73$145.95
Global Partners26Feb. 28: $18.89$10.97$10.22
Marathon Petroleum (Speedway)3Feb. 21: $59.08$24.21$20.65
Murphy USA5March 9: $113.78$99.17$94.77
TravelCenters of America29Feb. 21: $16.70$11.70$8.81

Source: Yahoo Finance

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