18.12.2024 15:45:00
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Walgreens Boots Alliance Stock Jumps on Report of a Possible Buyout. Here's Why Investors Should Tread Carefully.
Walgreens Boots Alliance (NASDAQ: WBA) stock looks to have finally received some much-needed bullishness from investors. The stock was jumping last week on rumors that a private equity firm may be buying the company. While Walgreens stock is still down more than 60% this year (as of the end of last week), it is showing signs of life of late.But before you jump in and decide to take a chance on this beaten-down stock, there are some things to consider.According to an exclusive report from The Wall Street Journal, Walgreens is in talks with Sycamore Partners, a private equity firm, about a possible deal which could take the pharmacy retailer private. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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