Walgreens stock sinks after DOJ sues over illegal-prescription accusations
1. Walgreens facilitated the illegal distribution of opioid pills. 2. The Justice Department's findings could impact WBA's reputation and sales.
Market Watch
214 days
FAQ
Why Bearish?
Legal issues can lead to fines and loss of consumer trust; similar past cases hurt companies.
How important is it?
Legal findings against a major pharmacy chain like WBA could significantly influence market perception.
Why Long Term?
Continued scrutiny and potential legal repercussions could affect WBA for an extended period.