![]() ![]() ![]() Thanks to them, Rite Aid continues to gain retail market share and increase both same store prescription count and front-end sales.” ![]() “Our retail pharmacists and associates have always been deeply committed to our communities, and they are doing a great job protecting our customers during a global pandemic. CEO Heyward Donigan said about the quarter: But, this is still better than the $65.5 million loss from last year. However, it still lost $13.2 million, or 25 cents a share. In September, Rite Aid stock crashed from a $14 high to below $10.Īdditionally, Rite Aid posted second-quarter revenue growth of 11.5%. And CVS Health (NYSE: CVS) or Walgreens Boots Alliance (NASDAQ: WBA) are potential buyers. In the pharmaceutical retail space, Rite Aid is ripe for a takeover as one of the buyout stocks. Shares could fetch almost $30 for starters according to this model. Therefore, since Dropbox stock is trending lower, Google or Microsoft might buy it. It added collaboration features so that small businesses may continue subscribing. ![]() Dropbox countered those offerings by adding HelloSign to support e-signing documents. Companies that support Apple (NASDAQ: AAPL) will use iCloud or OneDrive instead. More often than not, though, corporations use Google Drive or Microsoft (NASDAQ: MSFT) OneDrive. They will then advocate its benefits to their employers, and if companies buy Dropbox’s services, then revenues will grow. Consumers may use Dropbox’s file-storing services for free. Overall, the file-sharing service firm has a fundamental contradiction in its business model. In fact, Dropbox stock peaked in the $23.50 range after failing to break above the “multiple tops” (a resistance level for the stock) between June and August. Since its IPO, Dropbox failed to reward its investors. ![]()
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