The Rite Aid Corporation Stock Rebound Is Brewing up Quite Nicely

A couple of weeks ago, I suggested Rite Aid Corporation (NYSE:RAD) shares were hinting at a rebound rally that was, amazingly enough, worth a shot. The company had been beleaguered for months as the intended deal with Walgreens Boots Alliance Inc (NASDAQ:WBA) unraveled far longer than expected to complete, and ended up being much smaller than planned.