Shares of Rite Aid Corp. were falling on Thursday over 12% in pre-market trading after the drugstore retailer reported fourth quarter financial results. The company revealed wider than expected losses that seemed to have spooked investors. For the fourth quarter, net loss totaled $324.7 million, or $6.08 per share, after a loss of $273.0 million, … Continue reading “Rite Aid Corporation Shares Fall on Dismal Fourth Quarter Results”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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