Why Rite Aid Stock Is Tumbling Today

Rite Aid’s recent update to its outlook includes lowering its Adjusted EBITDA expectations to between $540 million and $590 million. The outlook update from Rite Aid also includes its net loss now coming in between $125 million and $170 million. The final change to Rite Aid’s outlook for the full year of fiscal 2019 includes lowering its earnings per share expectations. …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.