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Rite Aid stock remained on the Yahoo Finance trending page after news broke late Friday that the company is preparing a bankruptcy filing. The stock was up about 6% in mid-morning trade on Monday ...
Shares of Rite Aid ended Monday’s session higher after a day of highly volatile trading.
Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [1] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with roughly 1,250 stores in 15 U.S. states, primarily on the East and West coasts.
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Over the past year, the company's stock has lost 90% of its value. The company's market cap as of Friday stood at $41 million, Yahoo Finance data showed. ... In a statement to Yahoo Finance, Rite ...
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In recent years, Rite Aid (NYSE:RAD) stock has done little more than fight to survive. The Camp Hill, Pennsylvania-based pharmacy chain has long struggled against its peers and has failed at ...