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Pharmacy stocks fell sharply on Tuesday after Amazon.com (NASDAQ: AMZN) launched two new prescription medicine services. By the market close, shares of CVS Health (NYSE: CVS) , Walgreens Boots Alliance (NASDAQ: WBA) , and Rite Aid (NYSE: RAD) were down 8.6%, ...
Brainstorm Cell Therapeutics (BCLI) -69% after announcing topline results from Phase 3 trial evaluating NurOwn.Alterity Therapeutics (ATHE) -24%.iBio (IBIO) -20% on FQ1 earnings release.The Alkaline Water Company (WTER) -17% on FQ2 earnings release.GoodRx Holding...
The move by Amazon may have been anticipated for awhile, but - at least for now - it wasn't fully priced in to brick-and-mortar pharmacy players.CVS (CVS) is down 6.4%, Walgreens (WBA) 10%, and Rite Aid (RAD) 9.8% premarket. There's also drug distribution names like Cardin...
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. Amazon expands retail empire with pharmacyWith Americans increasingly relying on getting their medicines via mail to avoid getting exposed to COVID-19, Ama...
Amazon's (AMZN) move had been anticipated for quite awhile, given the many reported internal discussions and acquisition of PillPack in 2018, but the latest news is likely to shake CVS (CVS), Walmart (WMT), Rite Aid (RAD), and Walgreens (WBA).Amazon Pharmacy will allow customers in the U.S. t...
Comprehensive rebrand effort represents milestone in Rite Aid’s RxEvolution strategy Taking the next step in its transformation, Rite Aid (NYSE: RAD) officially launched its refreshed brand today with an advertising campaign that demonstrates Rite Aid’s com...
Roubaix Capital, LLC provides investment advisory services. The Company offers investment and portfolio management services for pooled investment vehicles. Roubaix Capital serves customers in the U.S. During the third quarter of 2020, the Roubaix Fund Composite gained 3.13% compared t...
Partnering with brands to drive personalized content for customers Rite Aid (NYSE: RAD) today enhanced its targeted digital media capability through a partnership with the leading digital promotions, media, and analytics company, Quotient, to exclusively connect brands and a...
Rite Aid (NYSE: RAD) today announced a new paid time off and flexible hour policy for associates on Election Day, Tuesday, November 3, to ensure that all Rite Aid associates have time to vote and make their voices heard. For hourly associates scheduled to work on Election Day, Rite ...
Stocks with the highest short interest are among the strongest performers over the past month. Retail, Restaurants, and Real Estate are the top targets for short-sellers. Most of these companies have been hit hard by COVID-19 ramifications and are struggling to stop the bleeding. ...
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Secures Interim Approval to Access Up to $3.45 Billion in Debtor-in-Possession Financing Continues to Serve Customers and Deliver Healthcare Products and Services Across Retail and Online Platforms Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Compan...
Stein Succeeds Elizabeth “Busy” Burr Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced that its Board of Directors has appointed Jeffrey S. Stein as Chief Executive Officer (CEO), Chief Restructuring Officer (CRO) an...
Reaches Agreement in Principle with Key Creditors on the Terms of Financial Restructuring Plan Initiates Voluntary Chapter 11 Process to Implement a Consensual Financial Restructuring That Will Significantly Reduce Debt and Enable Execution of Key Initiatives Receives Commitment f...