RAD News and Press, Rite Aid Corporation From 05/02/22

Walgreens is committed to selling its U.K. Boots pharmacy in 2022. Cash proceeds from the sale could pay down debt and/or be used to accelerate the U.S. store makeover effort into a higher-margin health and wellness business. Wall Street remains skeptical of a turnaround in retail...

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Update 10:52am: Adds Spear Point comments from Twitter spaces. Spear Point Capital, the investor whose bid for drugstore chain Rite Aid (NYSE:RAD) was rejected, plans to take his case to investors on Thursday. "I'm going to give the company an opportunity to reengage," Spear Point co-founder ...

Spear Point Capital, the investor whose bid for drugstore chain Rite Aid (NYSE:RAD) was rejected, plans to take his case to investors on Thursday. "I'm going to give the company an opportunity to reengage," Spear Point co-founder Ron Bienvenu told Seeking Alpha in an interview earlier this we...

With a prescription from their healthcare provider, Rite Aid customers have increased access to Paxlovid and Molnupiravir Rite Aid (NYSE: RAD) today announced that nearly 98% of its retail pharmacies across the 17 states it serves now offers FDA-authorized COVID-19 oral anti...

If the pharmacy chain Rite Aid (NYSE: RAD) could fill a prescription for higher profits, investors might not be bailing out of the stock in droves. Since April of 2018, the company's share price has cratered by more than 90%, falling by nearly 50% so far this year. Worse yet, th...

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InvestorPlace - Stock Market News, Stock Advice & Trading Tips This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any  of Tom’s potential 100x picks,  subscribe to his mailing list here . The Fed Is O...

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 ...