CVS – Walgreens Boots Alliance Inc. stock rises Wednesday, outperforms market
Shares of Walgreens Boots Alliance Inc.
rallied 3.94% to $50.12 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
rising 0.68% to 34,814.39. The stock’s rise snapped a four-day losing streak. Walgreens Boots Alliance Inc. closed $6.93 below its 52-week high ($57.05), which the company achieved on April 6th.
The stock outperformed some of its competitors Wednesday, as CVS Health Corp.
rose 1.97% to $85.54 and PetMed Express Inc.
fell 0.67% to $26.79. Trading volume (5.6 M) eclipsed its 50-day average volume of 5.2 M.