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What’s Happening With Walgreens Stock?
Walgreens has struggled lately due to declining prescription reimbursements and rising competition from Amazon and other discount stores. It has closed hundreds of stores in recent years, and it plans to close 1,200 stores by 2027 - a move necessitated by the fact that a quarter of the company’s stores aren’t profitable.
Walgreens stock surges on report that it could be taken private
Walgreens is reportedly looking to take itself private in a deal with Sycamore Partners, sending the stock nearly 20% higher Tuesday.
Walgreens’ stock on pace for its best day ever on report of talks of sale to private equity — but still on pace for its worst year
Shares of Walgreens Boots Alliance Inc. launched higher on Tuesday after the Wall Street Journal reported that the drugstore chain was in discussions to sell itself to private-equity firm Sycamore Partners,
Walgreens Stock Jumps on Talk of Potential Sale
Walgreens Boots Alliance shares soared Tuesday afternoon on a report that the struggling pharmacy chain is in talks to sell itself to private equity firm Sycamore Partners.
Walgreens Stock Headed for Record Jump
Walgreens stock is headed toward its biggest jump on record after The Wall Street Journal reported the company was in talks to sell itself to private-equity firm Sycamore Partners. Shares were up about 25% midday Tuesday after the report and are now trading around 19% up.
Walgreens stock may be overreacting to Sycamore news: here’s why
Investors are cheering the recent report that suggests Walgreens Boots Alliance Inc (NASDAQ: WBA) is considering selling itself to Sycamore Partners – a private equity firm based out of New York. But analysts at TD Cowen are not sure about the logic behind such a deal.
4h
How Investors Should Assess The Potential Walgreens Buyout
Walgreens surges amid buyout rumors with Sycamore Partners, but doubts remain on deal feasibility and long-term prospects.
1d
Walgreens Shares Surge 20% Around Reported Potential Selloff Of Drugstore Chain
Walgreens shares are down around 60% in 2024 as the company moves to close 1,200 stores within the next three years.
21h
Possible sale of Walgreens has many worried about uncertain future for company
Experts said Tuesday night that the industry is facing hard times because of factors such as slowing sales and diminishing ...
4h
on MSN
These Stocks Are Moving the Most Today: Tesla, GameStop, Super Micro, Macy’s, Hershey, Dave & Buster’s, Walgreens, Stitch Fix, and More
Tesla stock sets an all-time intraday high, GameStop posts a surprise quarterly profit even as sales fall 20%, and Macy’s ...
1d
Walgreens considering selling company to private equity firm, according to published report
Walgreens Boots Alliance is considering selling the company to private equity firm Sycamore Partners, according to a ...
3h
LMPD asking for help identifying suspect accused of robbing Walgreens
LMPD asking for help identifying suspect accused of robbing Walgreens ...
1d
Sycamore Partners in talks to acquire Walgreens
The New York-based private equity firm has been having ongoing discussions about a deal to take Walgreens private, according ...
23h
Rumors about possible sale of Walgreens spark concerns about store, pharmacy closures
Experts said Tuesday night that the industry is facing hard times because of factors such as slowing sales and diminishing ...
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