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WBA - Why Walgreens Boots Alliance Stock Crushed the Market Today

2024-05-13 18:34:00 ET

Will Walgreens Boots Alliance (NASDAQ: WBA) soon divest one of its name business units?

That might be in the cards, according to a media report published Monday morning. On that possibility, investors loaded up on shares of the sprawling pharmacy-chain operator, sending its stock up more than 5% in price.

That report was published before market hours in Bloomberg and stated that Walgreens is moving to engage with potential buyers of its U.K. pharmacy Boots.

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Why Walgreens Boots Alliance Stock Crushed the Market Today
Stock Information

Company Name: Walgreens Boots Alliance Inc.
Stock Symbol: WBA
Market: NASDAQ
Website: walgreensbootsalliance.com

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