Walgreens Is Soaring on Friday. Here's Why The Beaten-Down Healthcare Stock Bounced.
Walgreens Boots Alliance(WBA) The Motley Fool·2025-01-11 02:08
Walgreens Boots Alliance (WBA 27.28%), better known as Walgreens, was one of the worst-performing stocks of 2024. Although the S&P 500 index rose by more than 20% for the year, Walgreens dropped by a staggering 64% due to consumer spending headwinds and poor performance from its primary care business efforts.However, shareholders finally got a reason to smile when the company reported its latest results. Walgreens beat expectations on both the top and bottom lines for its fiscal 2025 first quarter, and shar ...