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Stock impact report

Why Rite Aid Stock Has Lost 13% This Year [The Motley Fool]

Rite Aid Corporation (RAD) 
Last rite aid corporation earnings: 4/16 07:00 am Check Earnings Report
US:NYSE Investor Relations: riteaid.com/corporate/investor-relations
Company Research Source: The Motley Fool
The drugstore chain has given up value as the company has been unable to seal its merger with Albertson's. Jeremy Bowman ( TMFHobo ) Jul 10, 2018 at 7:42PM What happened Shares of  Rite Aid   ( NYSE:RAD ) have given up 13% through the first half of 2018, according to data from S&P Global Market Intelligence , as the struggling drugstore chain seeks to complete a merger with Albertson's and sold nearly 2,000 stores to larger rival  Walgreen Boots Alliance .  Rite Aid's results have continued to disappoint as the company is barely profitable on a non-GAAP basis and same-store sales are declining.  Image source: Rite Aid. As the chart below shows, the stock started out the year on a strong note, but quickly gave up those gains, and sank recently on a weak earnings report and news of  Amazon.com 's acquisition of PillPack.  RAD data Show less Read more
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