CVS – Walgreens Boots Alliance Inc. stock falls Monday, underperforms market
Shares of Walgreens Boots Alliance Inc.
slumped 0.55% to $49.18 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.23% to 4,468.73 and the Dow Jones Industrial Average
rising 0.76% to 34,869.63. This was the stock’s third consecutive day of losses. Walgreens Boots Alliance Inc. closed $7.87 short of its 52-week high ($57.05), which the company achieved on April 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as CVS Health Corp.
rose 0.86% to $84.51 and PetMed Express Inc.
fell 2.43% to $27.67. Trading volume (8.5 M) eclipsed its 50-day average volume of 5.4 M.