U.S. markets close in 3 hours 48 minutes
  • S&P 500

    4,533.32
    -2.87 (-0.06%)
     
  • Dow 30

    35,480.95
    -128.39 (-0.36%)
     
  • Nasdaq

    15,159.60
    +37.92 (+0.25%)
     
  • Russell 2000

    2,287.34
    -2.43 (-0.11%)
     
  • Crude Oil

    81.36
    -2.06 (-2.47%)
     
  • Gold

    1,784.00
    -0.90 (-0.05%)
     
  • Silver

    24.22
    -0.23 (-0.92%)
     
  • EUR/USD

    1.1640
    -0.0012 (-0.10%)
     
  • 10-Yr Bond

    1.6640
    +0.0280 (+1.71%)
     
  • GBP/USD

    1.3803
    -0.0022 (-0.16%)
     
  • USD/JPY

    113.7860
    -0.5430 (-0.47%)
     
  • BTC-USD

    63,203.71
    -3,454.77 (-5.18%)
     
  • CMC Crypto 200

    1,498.09
    -36.55 (-2.38%)
     
  • FTSE 100

    7,190.30
    -32.80 (-0.45%)
     
  • Nikkei 225

    28,708.58
    -546.97 (-1.87%)
     

Why Rite Aid Stock Is Sinking Today

·2 min read
Why Rite Aid Stock Is Sinking Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Rite Aid (NYSE: RAD) were sinking 8% as of 11:06 a.m. EDT on Thursday. The decline came after the pharmacy chain announced its second-quarter earnings results before the market opened. The company announced an adjusted net loss from continuing operations in the second quarter of $22 million, or $0.41 per share.