Why Are Shares Of Wellgistics Health Falling?

Wellgistics Health stock is taking a hit today. Why is WGRX stock dropping?$105 Million Acquisition Would Expand Prescription Fulfillment AbilitiesDespite the positive news, investors are concerned that the acquisition may not be enough to turn around the negative revenue growth Wellgistics experienced in the last year. Revenue fell about half between the last two quarters, going from $7 million to $3 million. The potential $105 million acquisition, even though it’s an all-stock transaction, is clearly not ...