Rite Aid (RAD) Sinks as Drugstore Chain Trims FY15 Guidance

Rite Aid Corporation (RAD) lost $1.32 to $5.33 in mid-day trading today after the co. lowered its earnings outlook for the FY15. Approximately 135,910,851 RAD shares have already changed hands, compared to the stock’s average daily volume of 25,803,500. Based upon current estimates for reimbursement rates and anticipated lower profitability from new generics and generic […] View the full post at: Rite Aid (RAD) Sinks as Drugstore Chain Trims FY15 Guidance Related posts: Cephalon Still Undervalued After Outstanding Quarter Circuit City Considers Shutting 150 Stores to Avoid Bankruptcy
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