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Why this could spell trouble for Walgreens and CVS News of Amazon expanding its prescription delivery business could hurt sales at Walgreens and CVS stores, which rely heavily on foot traffic.
Shares of Amazon rose 1.3% in extended trade after the announcement, while Walgreens dipped 3%. Adding Amazon will increase consumer retail exposure as well as other areas in the Dow, and the move ...
Walgreens remains a speculative stock given the pressure it's seeing from reimbursement and with companies like Walmart and Amazon looking to take advantage of its store closures by offering free ...
Walgreens is pulling the plug on 1,200 stores over the next three years. That's no small cut. And they're not the only ones feeling the squeeze. Business Insider reported that CVS and Rite Aid are ...
Amazon.com is replacing Walgreens Boots Alliance in the 30-stock Dow Jones Industrial Average on Feb. 26, to reflect "the evolving nature of the American economy," and to "increase consumer retail...
On Monday, the Dow replaced Walgreens with Amazon in reaction to Walmart splitting its stock 3-for-1. ... So the Dowfolk had to tweak something called the Dow Divisor, which as of Friday was a ...
With its purchase of Whole Foods last year, Amazon's (AMZN) outsized cross-market presence has cast a shadow over the retail grocery business, forcing competitors to change the way they conduct ...
That is why the index is so heavily dominated by technology stocks today. Walgreens currently has the lowest stock price in the index, and is down 68% in the past five years. Amazon shares fell 0. ...