4 01, 2024

Walgreens Falls 6% After Announcing Dividend Cuts Despite Solid Earnings: Should Investors Sell WBA?

By |2024-01-04T17:53:43+00:00January 4th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

Shares of Walgreens (WBA) are down more than 6% in Thursday’s trading session after the drugstore retailer reported its fiscal first-quarter earnings. Earnings per share of 66 cents beat the consensus of 61 cents, while revenue of $36.71 billion topped the $34.86 billion expected. The company did report a net loss for the quarter [...]

23 10, 2023

Walgreens is Up 3% On Excitement Over New CEO & Bullish Outlook – VectorVest Still Says Sell

By |2023-12-07T19:49:26+00:00October 23rd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Shares of Walgreens Boots Alliance (WBA) started Monday morning trading strong with a 3% gain thus far. The stock has been battered in both the short and long term, but there is hope that new CEO Tim Wentworth will turn things around for the company. According to Lisa Gill, analyst at J.P. Morgan, today [...]

30 06, 2023

Is it Time to Sell Walgreens Stock Amidst Dwindling Consumer Spending & COVID-Vax Demand?

By |2023-12-07T20:46:41+00:00June 30th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Earlier this week, Walgreens (WBA) warned investors that profits would take a dive from previous estimates as a result of weakened consumer spending and dwindling demand for COVID-19 vaccinations. As a result, shares dropped more than 9% this week - now reaching their lowest levels in over a decade. CEO Rosalind Brewer noted that [...]

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