HomeLifestyleRetailRite Aid (RAD) Wrong Direction in 2Q Earnings
Rite Aid (RAD) Wrong Direction in 2Q Earnings

Rite Aid (RAD) is the subject of today’s Under 30 stock. In today’s segment, Jenny Horne and Alex Coffey discuss the drug chain’s 2Q earnings, which missed on revenue and share. George Tsilis joins the conversation and breaks down the earnings details and discusses possible structural challenges affecting Rite Aid’s (RAD) balance sheet. Rite Aid was trading ~$5.25/share Thursday which was down ~27% on the session.

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