Rite Aid Stock Is Hitting New Lows at the Worst Time [The Motley Fool]
Rite Aid Corporation (RAD)
Last rite aid corporation earnings: 4/16 07:00 am
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US:NYSE Investor Relations:
riteaid.com/corporate/investor-relations
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Source: The Motley Fool
The drugstore operator's stock hits five-year lows this week, just as it gears up for a telltale quarterly report on Thursday. Rick Munarriz ( TMFBreakerRick ) Sep 24, 2018 at 2:56PM Trading momentum isn't being kind to Rite Aid ( NYSE:RAD ) as it heads into a critical financial report later this week. Shares of the out-of-favor drugstore operator kicked off the new trading week by hitting a fresh five-year low on Monday. The stock has already shed more than a third of its value in 2018, and the stock has plummeted 87% since peaking three summers ago. Life has been hard for Rite Aid since it has had two buyouts come undone in recent months, and investors will probably have more questions than the chain has answers for when it steps up with its fiscal second-quarter results on Thursday morning. It will host its quarterly earnings call an hour befo
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