Rite Aid Corporat

Ticker Summary (RAD)

0.99+0.03 (+2.97%)
Open 0.97
High 0.99
Low 0.95
Volume 1,919,624
Market Cap 0.877B
52 Week High 2.35
52 Week Low 0.86
P/E -1.80
F P/E N/A
EPS -0.55
Dividend N/A
Yield N/A
1 Year Target 2.15

RAD 0.99 +2.97%

Rite Aid Corp announced on Friday that it has decided to leave the Las Vegas market. The company has agreed to sell all but one its 29 existing stores to Walgreen Co. in order to focus more on its core strategy in the U.S. Rite Aid reported that the Las Vegas stores have not been contributing to the overall results of the company. Terms of the agreement were not disclosed.

2 years 242 days ago by Tim