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RAD News and Press, Rite Aid Corporation From 04/22/22

Stock Information

Company Name: Rite Aid Corporation
Stock Symbol: RAD
Market: NYSE
Website: riteaid.com

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RAD - Is This Major Pharmacy Retailer in Danger of Going Out of Business?

Analyst predictions can weigh heavily on a stock's performance. But when someone goes so far as to suggest that a business may be in danger of going under, all investors should be careful to take a second look. This month, George Hill of Deutsche Bank (NYSE: DB) downgraded pharmacy ...

RAD - Why Is Shopify (SHOP) Stock in the Spotlight Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shopify (NYSE: SHOP ) stock is on the move Thursday as investors react to a couple of stories concerning the e-commerce company. Source: mtkang/Shutterstock First up is a report from Bloomberg that Shopify...

RAD - The Obamas Are Leaving Spotify. AMZN Stock Could Be a Big Winner.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Former President Barack Obama and his wife, Michelle Obama, are reportedly searching for a new home to host their podcasts and it could be a benefit to Amazon (NASDAQ: AMZN ) stock. Source: Fabio Principe / Shutte...

RAD - Inozyme, Clarus top healthcare gainers; AlloVir, Rite Aid lead losers' pack

Gainers: Inozyme Pharma (INZY) +15%. Clarus Therapeutics (CRXT) +10%. MedAvail (MDVL) +5%. Syros Pharmaceuticals (SYRS) +5%. Magenta Therapeutics (MGTA) +4%. Losers: AlloVir (ALVR) -10%. Rite Aid (RAD) -9%. Windtree Therapeutics (WINT) -7...

RAD - Why Is Rite Aid (RAD) Stock in the Spotlight Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rite Aid (NYSE: RAD ) stock is in focus today after The New York Post reported that the company had turned down a takeover bid from Spear Point Capital Management . Source: Andriy Blokhin / Shutterstock.com ...

RAD - Rite Aid confirms rejection of non-binding offer from Spear Point Capital (update)

Update 8:15am: Adds premarket trading. Rite Aid (NYSE:RAD) confirmed that it previously rejected a non-biding, "off-market" proposal from Spear Point Capital Management to acquire the drugstore chain. Rite Aid fell 2.8% in premarket trading. Rite Aid (RAD) said the offer provided no...

RAD - Rite Aid confirms rejection of non-binding offer from Spear Point Capital

Rite Aid (NYSE:RAD) confirmed that it previously rejected a non-biding, "off-market" proposal from Spear Point Capital Management to acquire the drugstore chain.  Rite Aid (RAD) said the offer provided no evidence of financing, required multiple months of exclusivity and called for RAD t...

RAD - Wall Street Breakfast: Streaming Sea Change

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Streaming sea change Netflix (NFLX) lost more than a third of its value yesterday, shedding more than $50B in market capitalization as shares tumbled 35%.T...

RAD - Rite Aid Corporation Confirms Prior Rejection of Non-Binding, Off-Market Proposal from Spear Point Capital Management

Rite Aid Corporation (NYSE: RAD) confirmed that it previously rejected a non-binding, off-market proposal from Spear Point Capital Management (“Spear Point”) to acquire all of the outstanding shares of the Company’s common stock. The Company and its Board of Directo...

RAD - `Stop it' with the takeover talk for Rite Aid, analyst says

A potential purchase of Rite Aid (NYSE:RAD) by a relatively unknown activist investment firm doesn't make sense, according to a Deutsche Bank analyst, who recently cut the drugstore chain to a sell rating.  Rite Aid (RAD) shares surged earlier, though they pared gains to 11%, after a NYP...

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