Here’s What Analysts Are Saying About Amazon Buying PillPack

Here’s What Analysts Are Saying About Amazon Buying PillPack

Amazon.com Inc.’s plans to buy online pharmacy PillPack sent shock waves through the health-care sector. Stocks tumbled and mounting investor fears led Evercore ISI to compare the situation to a scene from “Game of Thrones.” While speculation about Amazon entering the health-care space has plagued the sector for months, Robert W. Baird & Co. called the PillPack news “a full frontal attack” on companies whose valuations were already near historical lows. Amazon buying PillPack is “a full frontal attack” on the health-care space.

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Source:: https://finance.yahoo.com/news/analysts-saying-amazon-buying-pillpack-171950757.html