Rite Aid Stock News

The Zacks Retail Pharmacy and Drugstore industry is gaining from the growing demand for digital healthcare support. Industry players like CVS, WBA and RAD are likely to gain the most. However, reimbur

The Zacks Retail Pharmacy and Drugstore industry is gaining from the growing demand for digital healthcare support. Industry players like CVS, WBA and RAD are likely to gain the most.

CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2022 Fourth Quarter, which ended February 26, 2022, on Thursday, Apri

Rite Aid (RAD) rose 2.3% after some speculation that the drugstore chain could be a target of an activist after a management realignment was announced Tuesday.Rite Aid disclosed that…

Rite Aid (RAD) has realigned its management team to streamline its operations.The move will see the elimination of the Rite Aid Chief Operating Officer ((COO)) position and consolidation…

Shares of Rite Aid Corp. were indicated up nearly 1% in premarket trading Tuesday, after the drug store chain announced a realignment of its management team that includes the elimination of the chief operating officer (COO) position and consolidation of leadership of its pharmacy business. As part of the realignment, COO Jim Peters and Chief Pharmacy Officer Jocelyn Konrad have left the company, after both were in their roles since October 2019. Karen Staniforth, senior vice president of clinical pharmacy services, was named chief pharmacy officer, while Chief Retail Officer Andre Persaud will take over field operations for pharmacy and will oversee front-end operations. "The changes we announced today are part of our ongoing efforts to reduce costs and remove layers," said Chief Executive Heyward Donigan. Rite Aid''s stock has dropped 28.1% over the past three months through Monday, while the S&P 500 has lost 10.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

Rite Aid eliminated its chief operating officer position and consolidated pharmacy roles to “streamline operations.”

Shares of Rite Aid Corp. RAD, -1.42% were indicated up nearly 1% in premarket trading Tuesday, after the drug store chain announced a realignment of its management team that includes the elimination o

Investors are optimistic about Bio-Rad (BIO) on solid recovery in most of its key global markets as well as an uptick in demand for COVID-related products.

Rite Aid Corporation with ticker code (RAD) now have 2 analysts covering the stock. The analyst consensus points to a rating of ''Underperform''. The target price ranges between 16 and 12 calculating the mean target price we have 14. Given that the stocks previous close was at 9.2 this would indicate that there is a potential upside of 52.2%. There is a 50 day moving average of 11.53 while the 200 day moving average is 14.6. The company has a market cap of $512m. You can visit the company''s website by visiting: https://www.riteaid.com [stock_market_widget type="chart" template="basic" color="green" assets=RAD" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $779m based on the market concensus. Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and an assortment of other merchandise, including over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, pet care, and other every day and convenience products, as well as brand and generic prescription drugs.

President Joe Biden hosted his first State of the Union Address Tuesday in front of members of Congress. In the speech, Biden discussed several items that he has already helped pass along with more fu

Two programs that provide access to food in Detroit neighborhoods will share $900,000 from Rite Aid Healthy Futures.

Pharmacy chains may be shuttering locations, but that's not necessarily a reason to panic.

Pharmacy chains may be shuttering locations, but that's not necessarily a reason to panic.

Rite Aid Corporation with ticker code (RAD) now have 2 analysts in total covering the stock. The consensus rating is ''Underperform''. The target price ranges between 16 and 12 calculating the mean target price we have 14. Now with the previous closing price of 10 this would indicate that there is a potential upside of 40.0%. The day 50 moving average is 12.06 while the 200 day moving average is 14.97. The company has a market cap of $556m. You can visit the company''s website by visiting: https://www.riteaid.com [stock_market_widget type="chart" template="basic" color="green" assets=RAD" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $779m based on the market concensus. Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and an assortment of other merchandise, including over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, pet care, and other every day and convenience products, as well as brand and generic prescription drugs.