In the latest market close, Walgreens Boots Alliance (WBA) reached $18.35, with a +1.27% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.48% for the day. On the other hand, the Dow registered a gain of 0.32%, and the technology-centric Nasdaq increased by 0.75%.Shares of the largest U.S. drugstore chain witnessed a gain of 2.66% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 2.45% and the S&P 500's gain of ...

A major sale might be in the offing across the ocean.Will Walgreens Boots Alliance (WBA 5.41%) soon divest one of its name business units?That might be in the cards, according to a media report published Monday morning. On that possibility, investors loaded up on shares of the sprawling pharmacy-chain operator, sending its stock up more than 5% in price.A large U.K. asset might be for saleThat report was published before market hours in Bloomberg and stated that Walgreens is moving to engage with potential ...

Key TakeawaysWalgreens Boots Alliance has reportedly begun efforts to solicit potential buyers for its U.K.-based Boots pharmacy chain.Bloomberg said Boots could be valued at 7 billion British pounds ($8.8 billion).Walgreens looked to sell Boots previously, but gave up in June 2022 as volatile financial markets prevented suitors from offering enough for the unit. Walgreens Boots Alliance (WBA) shares jumped in intraday trading Monday following a report that the big drugstore chain has been reaching out to p ...

Walgreens Boots Alliance is once again attempting to sell its Boots pharmacies in the United Kingdom ... [+] as the company chief executive officer Tim Wentworth and his new management team review the company’s businesses. In this photo, members of the public walk past a branch of Boots the chemist on Oxford Street on August 6, 2014 in London, England. (Photo by Oli Scarff/Getty Images)Getty ImagesWalgreens Boots Alliance is reportedly once again attempting to sell its Boots pharmacies in the United Kingdom ...

If Walmart struggled with launching health clinics, is there any hope that Walgreens could succeed?Walgreens Boots Alliance (WBA -0.35%) is in the midst of a turnaround strategy that includes launching hundreds of health clinics. In recent years, Walmart (WMT 0.07%) has also shown interest in healthcare, opening dozens of health centers nationwide within its stores. But last week, Walmart announced it's giving up on that strategy.Walgreens investors may be breathing a sigh of relief, knowing that the compan ...

Walgreens Boots Alliance (NYSE: WBA) stock price has become a toxic wasteland. It crashed to a low of $17 on Wednesday, much lower than its all-time high of $71.50, a 76% plunge. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Walgreens has lost $85 billion in valueCopy link to sectionIts market cap has plummeted from over $100 billion to about $15 billion, a move that has left it severely undervalued. Data by SeekingAlpha shows that the company spots ...

Walgreens is launching Walgreens Specialty Pharmacy, a business that will integrate a new gene and ... [+] cell services business with AllianceRx, the company said April 25, 2024. In this photo is a Walgreens store on April 02, 2019 in Miami, Florida. (Photo by Joe Raedle/Getty Images)Getty ImagesWalgreens is launching Walgreens Specialty Pharmacy, a $24 billion business that integrates new gene and cell services with existing pharmacy assets including the large specialty pharmacy and home delivery business ...

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021.Walgreens on Thursday said it will start to work directly with drugmakers to bring cell and gene therapies to U.S. patients as part of a broader expansion of its specialty pharmacy services.The company said it is launching a new business unit dedicated to its specialty pharmacy segment, which will include specialty pharmacy subsidiary AllianceRx. The unit will fall under its core U.S. ...

Walgreens (NASDAQ:WBA) layoffs are a hot topic on Thursday after the pharmacy company announced plans to cut jobs!The latest statement notes that Walgreens isn’t revealing the number of employees who are being cut in these layoffs. However, it does note that the majority of the headcount reductions will take place at its facilities in Chicago.To go along with this, the company is reducing workers’ hours as well. That will see its storefront employees deal with a 4% to 7% reduction in work hours. All of thes ...

  CHICAGO, April 15, 2024 (GLOBE NEWSWIRE) -- Beginning April 15th, Walgreens, a pharmacy and retail leader who plays a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services, including those that drive equitable access to care for the nation's medically underserved populations, and Foundation for Sarcoidosis Research (FSR), the leading international sarcoidosis organization, are proud to announce its renewed partnership to raise education and awareness abo ...