A Costly DOJ Probe Could Hinder Rite Aid Turn Around

The U.S. Justice Department said Monday, March 13 that Rite Aid “Dispensed Controlled Substances in … [+] Violation of the False Claims Act and the Controlled Substances Act.” The complaint was ...

Rite Aid CEO To Leave The Drugstore Chain

Entrance to Rite Aid drug store showing store business logo. (Photo by: Don and Melinda … [+] Crawford/UCG/Universal Images Group via Getty Images) UCG/Universal Images Group via Getty Images Ri...

Rite Aid May Close Even More Stores In 2023

Entrance to Rite Aid drug store showing store business logo. (Photo by: Don and Melinda … [+] Crawford/UCG/Universal Images Group via Getty Images) UCG/Universal Images Group via Getty Images Ri...

Rite Aid, Nike, Six Flags and more

Vehicles sit parked outside of a Rite Aid Corp. store Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Rite Aid — Shares of Rite Aid dropped nearly ...

Rite Aid shares tank 20% to an all-time low: explore why

Rite Aid Corp (NYSE: RAD), on Wednesday, said its net loss nearly doubled on a year-over-year basis in its third financial quarter. Rite Aid shares down on weak guidance Shares tanked almost 20% this ...

Rite Aid Loss Hits $67 Million As Covid Shots And Testing Decline

Rite Aid reported a quarterly loss of more than $67 million due in part to “a reduction in COVID … [+] vaccine and testing revenue,” the drugstore chain said Wednesday, Dec. 21, 2022. Rite Aid R...

Rite Aid, Nike, FedEx and others

Check out the companies making headlines before the bell: Rite Aid (RAD) – Rite Aid jumped 8.4% in the premarket after reporting a smaller-than-expected loss and revenue that beat Wall Street forecast...

Rite Aid stock crashed 30% on Thursday: this is why

Rite Aid Corporation (NYSE: RAD) tanked nearly 30% on Thursday after the drugstore chain reported bigger than expected loss for its fiscal second quarter and lowered guidance for the full year. Rite A...

Rite Aid Hopes to Draw In Everyday Investors to Revive Its Shares

(Bloomberg) — Rite Aid Corp. is hoping that the current iteration of meme-stock mania can provide a boost for its beaten-down shares. Most Read from Bloomberg The pharmacy chain, which has seen ...

WeWork, Snowflake, United Airlines, Rite Aid and more

General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World’s leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million...

Rite Aid Touts PBM, Other Assets Amid Buyout Rumblings

Rite Aid CEO Heyward Donigan is telling shareholders the company remains “focused on the continued … [+] transformation of Rite Aid into a leading full-service pharmacy company,” the companyR...

Rite Aid’s stock rockets after the New York Post reported it rejected a buyout bid at a hefty premium

Shares of Rite Aid Corp. RAD, +10.81% rocketed as much as 38.5% intraday before paring gains to be up 18.7% in very active afternoon trading Wednesday, after the New York Post reported that the drugst...

Rite Aid Stock Is Soaring. The Outlook Impresses Investors.

Text size Rite Aid’s quarterly loss was bigger than expected. Mario Tama/Getty Images Rite Aid’s stock surged after the drugstore chain said it expects to lose less money in the current fiscal y...

Rite Aid stock opens 15% up on Thursday: what happened?

Rite Aid Corporation stock (NYSE: RAD) opened more than 15% in premarket trading on Thursday after the pharmacy company reported strong revenue for its fiscal Q4 and gave better than expected guidance...

Rite Aid Price Target Slashed By JPMorgan

By Sam Boughedda Investing.com — Rite Aid Corporation (NYSE:RAD) shares rebounded on Friday after tumbling 17% Thursday. The drugstore chain caught a downgrade from Deutsche Bank (DE:DBKGn) and ...

Rite Aid stock crashes 20% after Wall Street analyst suggests retailer could go out of business

Rite Aid’s (RAD) outlook is a hot mess — so hot the company may not be in business much longer. At least that’s the word from Deutsche Bank analyst George Hill, who issued a damning downgr...

Rite Aid might fail to ‘continue as an operating company’

Rite Aid Corp (NYSE: RAD) is down 25% in the stock market on Thursday after a Deutsche Bank analyst said the drugstore chain might fail to continue as an “operating company”. George Hill h...

Conagra, Levi Strauss, Rite Aid and others

Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock tumbled 5.5% in the premarket after issuing a weaker-than-expected forecast for the fiscal yea...