Rite Aid Corporation (RAD) News
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RAD News Highlights
- RAD's 30 day story count now stands at 21.
- Over the past 28 days, the trend for RAD's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- LI, DOMO and CVS are the most mentioned tickers in articles about RAD.
Latest RAD News From Around the Web
Below are the latest news stories about RITE AID CORP that investors may wish to consider to help them evaluate RAD as an investment opportunity.
REFILE-Rite Aid plans to shut down hundreds of stores in bankruptcy - WSJRite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, the Wall Street Journal reported on Friday, citing people familiar with the talks. Rite Aid did not immediately respond to a Reuters' request for comment. The company operates more than 2,330 stores in 17 U.S. states, although it is much smaller than rivals such as Walgreens Boots Alliance and CVS Health. |
Rite Aid Plans to Shut Down Hundreds of Stores in BankruptcyRite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, according to people familiar with the talks. |
Darden Restaurants, Rite Aid, existing home sales: 3 things to watchInvesting.com -- Stocks wobbled after the Federal Reserve kept interest rates steady as expected but signaled another rate increase might be coming as it continues to work on getting inflation back to its 2% target rate. |
3 Strong Sell Stocks for September 2023These 3 stocks to avoid aren't offering much right now – except uncertainty and massive risk of potential losses. |
Rite Aid and Bartell Drugs Announce Availability of Appointments for Updated COVID-19 VaccinePHILADELPHIA, September 15, 2023--Following FDA authorization and CDC recommendation, Rite Aid (NYSE: RAD) today announced that scheduling is now available for eligible customers seeking the updated COVID-19 (2023-2024) vaccines at its locations and at Bartell Drugs locations in the Pacific Northwest. Appointments are available beginning on Friday, September 22. |
The alarming reason why this popular retailer is on the brink of bankruptcyIn the case of one vital retailer relied upon by many, all three have contributed to its being on the verge of filing for Chapter 11 protection from creditors. Indeed, not every Chapter 11 bankruptcy restructuring progresses to a Chapter 7 liquidation, causing customers to scramble. It operated 700 stores when it filed for bankruptcy in 2018, and less than 20 stores remain following its reemergence out of Chapter 11 bankruptcy last year. |
Farmer Brothers (FARM) Reports Q4 Loss, Tops Revenue EstimatesFarmer Brothers (FARM) delivered earnings and revenue surprises of -37.70% and 0.35%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock? |
5 Stocks to Buy on a Potential Debt AvalancheWe could be on the brink of a debt avalanche as rates climb higher. |
Rite Aid Announces Availability of OTC NARCAN® Nasal Spray at All LocationsPHILADELPHIA, September 11, 2023--Rite Aid (NYSE: RAD) announced today that NARCAN® Nasal Spray, a medication used to reverse the effects of an opioid overdose, is available at all locations nationwide, including Bartell Drugs in the Pacific Northwest. NARCAN® Nasal Spray can be purchased over the counter without a prescription. |
Rite Aid (RAD) Moves to Buy: Rationale Behind the UpgradeRite Aid (RAD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |