|Day's Range||2.43 - 2.55|
|52 Week Range||2.21 - 8.77|
|PE Ratio (TTM)||-38.75|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Since being left at the altar by Walgreens Boots Alliance Inc (NASDAQ:WBA) last month, Rite Aid Corporation (NYSE:RAD) has looked like a dead company walking to investors, losing one-third of its value. RAD stock investors seem to believe, as we were led to believe, that Walgreens has picked the bones of Rite Aid clean and that what is left is not worth looking at. Or might a strategic buyer, public or private, be found that can make lemonade out of this lemon?
Rating Action: Moody's Affirms Five Classes of RCCMT 2014-1. Global Credit Research- 20 Jul 2017. Approximately $76.9 Million of Structured Securities Affected.
Fred’s Inc. — the pharmacy and general merchandise retailer that recently saw its plans of becoming the third-largest drugstore chain in the U.S. shattered — announced July 19 that Jason Jenne was appointed executive vice president and CFO of Fred’s, effective immediately. Jenne replaces Rick Hans in the position. Hans joined Fred’s in April 2016 under then-Fred’s CEO Jerry A. Shore.