Walgreens Boots Alliance (WBA) Stock Dips Amid Financial Challenges

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Dec 16, 2024
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Walgreens Boots Alliance (WBA, Financial) experienced a significant stock drop of 5%, trading at $9.87 per share with a volume of 10.99 million shares. The company's recent financial report shows revenue of $147.66 billion but a net loss of $8.636 billion, resulting in an earnings per share of -$10.01 and a negative P/E ratio of -0.99. Among 20 rating agencies, 20% recommend buying, 65% holding, and 15% selling the stock.

In the pharmaceutical retail sector, where WBA operates, the overall decline was 0.40%. Notable active stocks include Walgreens Boots Alliance, Petmed Express, Inc., and High Tide Inc., with significant price swings seen in Scienture Holdings, Inc., Petmed Express, Inc., and 九洲大药房.

Walgreens Boots Alliance is a leading U.S. retail pharmacy chain with over 8,000 stores, focusing on prescription drug sales and expanding healthcare services.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.