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Walgreens became a subsidiary of the new company, which retained its Deerfield headquarters and trades on the Nasdaq under the symbol WBA. [5] In 2021 the company was one of several pharmacy chains found by a federal jury to have substantially contributed to the opioid crisis.
In June 2024, Walgreens announced that only 75% of its 8,600 U.S. locations were profitable and that the company was planning to shutter more than 2,000 locations by the year 2027. The stock price of Walgreens Boots Alliance (WBA) fell by more than 55% between January and July of 2024. [16]
What to do with Walgreens stock? While Amazon's same-day pharmacy delivery service is a new emerging threat, the biggest issue Walgreens continues to face is drug reimbursement pressures ...
Shares of beaten-down pharmacy stock Walgreens Boots Alliance (NASDAQ: WBA) sank 7.2% today as of 2:47 p.m. ET.. Walgreens had rallied a bit after recent earnings came in better than expected and ...
Walgreens' U.S. pharmacy operation grew sales by 2.3% in its fiscal third quarter that ended May 31. The stock is getting hammered because the profit it receives when filling prescriptions has ...
Shares of beleaguered drug store and pharmacy chain Walgreens Boots Alliance (NASDAQ: WBA) fell 8.4% on Tuesday as of 3:22 p.m. ET.. The reason for the drop today appears to be twofold: One ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Walgreens Boots Alliance wasn’t one of them. The 10 stocks ...
A major sale might be in the offing across the ocean.