22.10.2024 22:04:40

Why Walgreens Boots Alliance Plunged Again Today

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 the company's 2025 outlook came in better than feared. However, fears reemerged on Tuesday, when a big, well-funded rival announced it would begin a same-day prescription delivery service.Today, Walmart (NYSE: WMT) announced that it was now open for same-day prescription delivery in six states: Arkansas, Missouri, New York, Nevada, South Carolina, and Wisconsin. The company also noted it would soon roll out same-day prescription delivery to all 49 states by January.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Walgreens Boots Alliance Inc 9,87 0,27% Walgreens Boots Alliance Inc