What Caused Rite Aid Stock To Spike Today?
Rite Aid Corp (NYSE: RAD) shares closed Wednesday's regular session up more than 11% following a report suggesting the company rejected an $815 million takeover bid earlier this month.
‘Rite Aid rejected $800M takeover bid this month’ -NY Post
https://nypost.com/2022/04/20/rite-aid-rejected-800-million-takeover-bid-this-month-sources/
Recap: Rite Aid Q4 Earnings
Rite Aid (NYSE:RAD) reported its Q4 earnings results on Thursday, April 14, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Rite Aid missed estimated earnings by 191.07%, reporting an EPS of $-1.63 versus an estimate of $-0.56.
Why Rite Aid Shares Are Soaring Today
Rite Aid Corp (NYSE:RAD) has reported Q4 FY22 sales of 6.06 billion, +2.5% Y/Y, beating the consensus of $5.95 billion.…
Earnings Outlook For Rite Aid
Rite Aid (NYSE:RAD) is set to give its latest quarterly earnings report on Thursday, 2022-04-14. Here's what investors need to know before the announcement.
Analysts estimate that Rite Aid will report an earnings per share (EPS) of $-0.56.
53 Biggest Movers From Yesterday
Gainers
MedAvail Holdings, Inc. (NASDAQ: MDVL) shares surged 64.4% to close at $1.41 on Thursday. Ally Bridge Group reported a purchase of 21.176 million shares of MedAvail Holdings for an average price of $1.06 per share.
PreMarket Prep Stock Of The Day: What’s Ailing Rite Aid?
It is a rarity when Wall Street analysts come out with a “sell” rating on a company. Yet in this market environment, when it occurs, it has a notable impact on the company being targeted.
Mid-Afternoon Market Update: S&P 500 Turns Positive; Aptinyx Shares Slide
U.S. stocks pared losses, with the Dow Jones and S&P 500 turning positive toward the end of trading on Thursday.
Mid-Day Market Update: Dow Tumbles Over 200 Points; Momentus Shares Jump
U.S. stocks traded lower midway through trading, with the Dow Jones dropping more than 200 points on Thursday.