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https://www.barrons.com/articles/rite-aid-stock-rad-earnings-store-closings-51640096461
Updated Dec. 21, 2021 10:06 americium ET / Original Dec. 21, 2021 9:22 americium ET
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Stock successful Rite Aid was soaring aft the drugstore concatenation said it was closing stores to chopped costs, and expects to suffer little wealth than anticipated owed to higher request for Covid-19 vaccines and testing.
Rite Aid (ticker: RAD) roseate 14% to $14.17 connected Tuesday. Revenue from continuing operations was little than expected for the 3rd quarter, and absorption chopped its forecast for yearly revenue.
The...
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