CVS, Walgreens shares fall on report that Amazon may open brick-and-mortar pharmacies

Shares of CVS Health, Walgreens Boots Alliance and Rite Aid are falling Wednesday on a report that Amazon may open brick-and-mortar pharmacies. CVS shares were down about 3%, Walgreens shares were down nearly 4% and Rite Aid shares were down more than 4%. Amazon is considering whether to push further into selling prescriptions by opening… Continue reading CVS, Walgreens shares fall on report that Amazon may open brick-and-mortar pharmacies

CVS Health earnings top estimates as Covid vaccinations, testing boost drugstore sales

CVS Health reported a strong first quarter and raised its full-year forecast, as customers came to its stores for Covid-19 vaccinations, tests and prescriptions. The company has been a major provider of Covid-19 vaccines and recently began offering same-day appointments for the shots. Shares of the company were up nearly 3% early Tuesday in premarket… Continue reading CVS Health earnings top estimates as Covid vaccinations, testing boost drugstore sales