Walgreens is set to close five locations across Los Angeles and Orange counties in the coming weeks — a move that could result in at least 93 job losses as the struggling retailer moves ahead with a downsizing that will see around 1,200 closures nationwide.The pharmacy chain will shutter stores in Whittier, downtown Los Angeles, Orange, Placentia and Stanton, according to a notice submitted to California’s Employment Development Department.The store closures will lead to layoffs for a range of employees, in ...

Walgreens Boots Alliance (WBA -6.12%) faces an uncertain path ahead. Its financials haven't been strong in recent years, and its struggling pharmaceutical operations face growing competition. While it is slashing its store count, there's no surefire strategy that will turn the business around.Shares of the pharmacy retailer haven't been this low in decades. And while some investors may have been willing to just hang on to the stock amid the uncertainty and simply collect its dividend, now, even that is gone ...

I last analyzed Walgreens Boots Alliance (NASDAQ: WBA ) on 10-29-2024. In an article entitled "Walgreens Q4: 2 Signs Of A Dividend Trap," I rated the stock as a sell and cautioned readers of As you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If your share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas.We have helped our members not only to beat S&P 500 but also avoid heavy ...

SAN DIEGO, Feb. 10, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Walgreens Boots Alliance, Inc. (NASDAQ: WBA) common stock between April 2, 2020 and January 16, 2025, inclusive (the "Class Period"), have until March 31, 2025 to seek appointment as lead plaintiff of the Walgreens class action lawsuit. Captioned Klein v. Walgreens Boots Alliance, Inc., No. 25-cv-01058 (N.D. Ill.), the Walgreens class action lawsuit charges Walgreens as well as ...

NEW YORK, Feb. 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Walgreens Boots Alliance, Inc. (NASDAQ: WBA).Shareholders who purchased shares of WBA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/walgreens-boots-alliance-inc-loss-submission-form-2/?id=127859&from=4 CLASS ...

The most recent trading session ended with Walgreens Boots Alliance (WBA) standing at $10.12, reflecting a +0.7% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.95%. At the same time, the Dow lost 0.99%, and the tech-heavy Nasdaq lost 1.36%.The largest U.S. drugstore chain's stock has climbed by 9% in the past month, exceeding the Retail-Wholesale sector's gain of 7.69% and the S&P 500's gain of 1.86%.The investment community will be paying close attention to ...

NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Walgreens Boots Alliance, Inc. ("Walgreens" or the "Company") (NASDAQ: WBA) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Walgreens investors who were adversely affected by alleged securities fraud between April 2, 2020 and January 16, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/walgreens-boots-al ...

Core Viewpoint - A class action lawsuit has been filed against Walgreens Boots Alliance, Inc. for failing to disclose significant regulatory compliance issues during the Class Period from April 2, 2020, to January 16, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit alleges that Walgreens engaged in widespread violations of federal law regarding prescription medication dispensation and reimbursement [5]. - It claims that Walgreens' public statements were materially false and misleading, leading to investor damages when the truth was revealed [5]. - The lawsuit indicates that Walgreens' revenues from prescription sales were unsustainable due to unlawful conduct [5]. Group 2: Participation Information - Investors who purchased Walgreens common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly [3][6]. - A lead plaintiff must be appointed by March 31, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4]. - The firm has been recognized for its leadership in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Walgreens Boots Alliance, Inc. (NASDAQ: WBA).Shareholders who purchased shares of WBA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/walgreens-boots-alliance-inc-loss-submission-form-2/?id=127285&from=4 CLASS P ...

The latest trading session saw Walgreens Boots Alliance (WBA) ending at $9.89, denoting a +1.33% adjustment from its last day's close. This change outpaced the S&P 500's 0.72% gain on the day. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.35%.Coming into today, shares of the largest U.S. drugstore chain had gained 3.06% in the past month. In that same time, the Retail-Wholesale sector gained 6.17%, while the S&P 500 gained 1.02%.Market participants will be closely following the financi ...