Last week, billionaire and Dallas Mavericks owner Mark Cuban launched a new website that offers generic pharmaceutical drugs at a cheaper price than what’s available at most pharmacies.
According to Benzinga Pro, during Q1, Walgreens Boots Alliance (NASDAQ:WBA) earned $3.53 billion, a 484.77% increase from the preceding quarter. Walgreens Boots Alliance's sales decreased to $33.90 billion, a 1.05% change since Q4.
Toward the end of trading Thursday, the Dow traded down 0.35% to 36,278.43 while the NASDAQ rose 0.22% to 15,133.94. The S&P also rose 0.14% to 4,707.37.