Walgreens Boots Alliance (WBA) has experienced a significant decline in its stock value, reaching its lowest point since 1997. The company, which cut its dividend by nearly 50% at the beginning of the year and lost its dividend champion status, has seen its stock plummet by around 50% since then. This decline contrasts sharply with the NASDAQ, which has returned +18% over the same period. WBA's stock is down -22% recently.
$WBA down -22% to 1997 lows. Stick a fork in it, the stock is done. https://t.co/UWU7TZWKX5 https://t.co/clOS1YNOUB
$WBA YIKES https://t.co/2d3ozdVyN5
We kicked $WBA to the curb at the beginning of this year after the company lost their dividend champion status, cutting their dividend nearly 50%. Turns out that was a smart move as the stock has lost around 50% of its value since that time, versus a NASDAQ return of +18%. Why… https://t.co/8McEHeqhXk
$WBA as bad as expected … stock is already floored
$WBA : Playing the earnings. Typically, goes down post earnings. Playing with Strangle. https://t.co/0ToTaMtuXl