Why Rite Aid Corporation (RAD) Stock Hasn’t Lost an Ounce of Risk
Shares of Rite Aid Corporation (NYSE:RAD) have been a serious disappointment this year. Walgreens Boots Alliance Inc (NASDAQ:WBA) announced its intention to acquire Rite Aid more than a year and a half ago. With the Federal Trade Commission dragging its feet, it has been the cause of heavy frustration from both sides.