Why Walgreen Boots Alliance Stock Popped Today
Shares of Walgreens Boots Alliance (NASDAQ: WBA) were moving higher today after CNBC's David Faber said that a possible deal to take over the ailing pharmacy and urgent-care chain was still alive. Trading in the stock was also halted Tuesday morning, which can indicate a major announcement, though no news came out. As of 10:48 a.m. ET, the stock was up 10.2%.Image source: Getty Images.Continue reading
Shares of Walgreens Boots Alliance (NASDAQ: WBA) were moving higher today after CNBC's David Faber said that a possible deal to take over the ailing pharmacy and urgent-care chain was still alive.
Trading in the stock was also halted Tuesday morning, which can indicate a major announcement, though no news came out. As of 10:48 a.m. ET, the stock was up 10.2%.
Image source: Getty Images.
