Why Walgreens Boots Alliance Tumbled 13.5% in June
Shares of Walgreens Boots Alliance (NASDAQ: WBA) were down 13.5% in the month of June, according to data from S&P Global Market Intelligence, after it announced it wouldn't be selling its Boots and No7 Beauty businesses.
The pharmacy chain also reported earnings at the end of the month that were ahead of expectations but that underwhelmed Wall Street because of headwinds in the quarters ahead.
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Source Fool.com