Why Is Walgreens Boots Alliance Stock Trading Higher On Tuesday?
1. WBA is in acquisition discussions with Sycamore Partners, raising speculation. 2. The company's market value has drastically decreased from $100 billion to $8.4 billion. 3. Sales grew by 7.5% year-over-year to $39.46 billion, exceeding expectations. 4. Walgreens suspended its cash dividend amid a long-term turnaround strategy. 5. The DOJ filed a complaint against Walgreens for violations including unlawful prescriptions.