Day: November 17, 2020

CVS, Rite Aid & Walgreen Stocks Drop Because of Amazon Pharmacy

amazon stock pharmacy

After several years of quiet planning and preparation, Amazon is announcing the launch of its online pharmacy business.  The news has caused CVS Stock (NYSE: CVS) to drop -7.45%, Rite Aid’s Stock (NYSE: RAD) to drop -11.81%, and Walgreen’s Stock (WBA) to drop -9.20% in …

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Stock Market Down Ahead of Retail Sales & Business Inventories Reports (INDEXSP: .INX)

Before The Bell: S&P 500

Prospects of another effective vaccine helped boost Wall Street to fresh highs on the Dow and S&P 500, while the NASDAQ lagged as stay-home shares were a drag. Gains were broadbased, but led by a hefty 6.5% jump in energy amid improving prospects that economies …

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