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 Jumps On Report Of Potential Private-Equity Sale: What You Need To Know
Walgreens Boots Alliance Inc (NASDAQ:WBA) shares are trading higher Tuesday afternoon following a report suggesting the company is in talks to be acquired by a private-equity firm. What To Know: According to a Wall Street Journal report,
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 jumps on report that it’s in talks to go private
Walgreens, which has plans to close about 1,200 outlets, reportedly is in talks to be sold to a private equity firm.
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.
Walgreens could 'aggressively' cut costs if privately owned, analyst says
Walgreens will have more freedom to aggressively cut costs if it becomes privately owned, one industry analyst said. The ...
These Stocks Are Moving the Most Today: Tesla, GameStop, Super Micro, Macy’s, Hershey, Dave & Buster’s, Walgreens, Stitch Fix, and More
Stocks rose Wednesday and the Nasdaq Composite crossed 20,000 for the first time after the consumer price index for November ...
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.
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 ...
Going private will not cure Walgreens’ ailments
Giving Boots the boot would be one obvious way to raise cash. Walgreens tried to offload the UK drugstore chain back in 2022. But the sale process was abandoned after the upheaval in credit markets ...
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 ...
VIDEO: Car crashes into West Portal Walgreens in San Francisco
A vehicle plowed into the front of a Walgreens store in San Francisco on Wednesday morning. The San Francisco Fire Department ...
Walgreens could sell to private equity — and investors are thrilled
The pharmacy mega-giant shot up 18% on Tuesday following The Wall Street Journal's report, raising the company's value by ...