Walgreens Boots Alliance Inc (WBA)

Walgreens Boots Alliance Stock (WBA) dropped by 3.00% from $21.65 to $21.00 in the trading on Wednesday November 8, 2023. The reason why WBA stock down today is due to the launch of the Pharmacy Guild. The Pharmacy Guild is a pharmacy worker union backed by the International Association of Machinists and Aerospace Workers (IAM). Pharmacists at Walgreens and CVS Health (CVS) health locations staged a three-day walkout late last month to protest understaffing and overwhelming workloads.

Walgreens Boots Alliance (WBA) fell 7.43% to a fresh 52-week low on September 1 following the announcement of its CEO, Rosalind Brewer’s, departure.

https://www.barrons.com/articles/walgreens-ceo-brewer-resignation-b3f166d5

WBA's stock fell 9.34% following the disappointing fiscal third-quarter profit report and reduced full-year outlook due to challenging consumer and macroeconomic conditions, as well as decreased COVID-19 vaccine and testing volumes.

https://www.marketwatch.com/story/stock-futures-bounce-after-tech-led-declines-9c7182a9