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RAD - Rite Aid stock higher premarket following insider buy
Rite Aid Corporation
Shares of Rite Aid (NYSE:RAD) are 4% higher in premarket trading after a company executive adding to his holdings. An SEC filing shows that EVP, Chief Information Office Justin Mennen on March 22 acquired 26,207 shares. He now holds a total of 96,207 shares. Recently, Rite Aid (RAD) has been the source of speculation that it could be a target of an activist after a management realignment.