25.12.2024 10:55:00

Is Walgreens Stock a Buy?

It's been a tough year for Walgreens Boots Alliance (NASDAQ: WBA) stock, which is trading down nearly 65% year to date, as of this writing. Things don't look any better when looking even further out, as the stock has lost 88% of its value over the past decade.There have been rumors swirling of a possible buyout. Is now the time to buy this beaten-down stock?The fall of Walgreens is due to a combination of self-inflected wounds and overall industry pressure. The company admittedly made a very poor acquisition when it took a majority stake in VillageMD, a medical group that was looking to rapidly expand its footprint.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Walgreens Boots Alliance Inc 8,90 -1,66% Walgreens Boots Alliance Inc