WBA - Why Walgreens and Vipshop Left the Market Mixed Thursday Morning
It's been a tumultuous first quarter of 2022 for the stock market, and Wall Street investors went into the last day of March with ongoing uncertainty about what the future will bring. Stock indexes were mixed as oil prices plunged and interest rates stabilized. As of 9 a.m. ET, futures on the Dow Jones Industrial Average (DJINDICES: ^DJI) were down 28 points to 35,089. However, S&P 500 (SNPINDEX: ^GSPC) futures were unchanged at 4,596, and Nasdaq Composite (NASDAQINDEX: ^IXIC) futures rose 28 points to 15,099.
Walgreens Boots Alliance (NASDAQ: WBA) was the biggest-name company reporting its latest financials, and its performance left shareholders feeling uncertain about the drugstore chain giant's future. Meanwhile, shares of Vipshop Holdings (NYSE: VIPS) moved more sharply higher after some favorable news for investors. Read on to learn more about both companies.
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Why Walgreens and Vipshop Left the Market Mixed Thursday Morning