The latest trading day saw Walgreens Boots Alliance (WBA) settling at $11.20, representing a -0.44% change from its previous close.
Drugstore stock Walgreens Boots Alliance Inc (NASDAQ:WBA) has been seeing muted price action for the past few months, ever since news that Sycamore Partners is taking the company private in a $10 billion deal.
WBA expands micro-fulfillment with a new facility in Brooklyn Park, MN. This will support nearly 200 Walgreens stores across the Midwest.
Walgreens says it is boosting its investment in robotics with its new Minnesota-based micro-fulfillment center. The center, announced Tuesday (May 20), is based in the town of Brooklyn Park and will support nearly 200 Walgreens locations throughout the Midwest, including 145 in Minnesota alone, processing a projected 13 million prescriptions each year.
In the most recent trading session, Walgreens Boots Alliance (WBA) closed at $11.18, indicating a +0.45% shift from the previous trading day.
Walgreens is reportedly increasing its use of robots to fill prescriptions for its retail locations. Company officials told CNBC in a report Sunday (May 11) that the pharmacy hopes to have its 11 micro-fulfillment centers serving more than 5,000 stores before the year's end.
Walgreens is expanding the number of its retail stores served by its micro-fulfillment centers as it works to turn itself around and prepares to go private. Those centers use robots to fill thousands of prescriptions for patients who take medications to manage or treat diabetes, high blood pressure or other conditions.
Walgreens Boots Alliance (WBA) closed the most recent trading day at $11.16, moving +0.95% from the previous trading session.
Walgreens (WBA) reported earnings 30 days ago. What's next for the stock?
Walgreens Boots Alliance (WBA) reachead $10.98 at the closing of the latest trading day, reflecting a +0.46% change compared to its last close.
Walgreens has agreed to pay up to $350 million to resolve claims that the company illegally filled millions of invalid prescriptions for opioids.
Walgreens Boots Alliance (WBA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.