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RITE

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.0051$
  • Previous Close
    0.0048$
  • 52 Week Change
    0.01$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.0003$ - 0.0053$
  • Dividend Per Share
    --
  • Market cap
    21 739 K$
  • EPS
    0
  • Beta
    -208.912
  • Volume
    --

About

RITE.US represents the common stock of Rite Aid Corporation, a retail drugstore chain in the United States. Rite Aid operates pharmacies and offers health, beauty, and personal care products, as well as prescription services. The company's financial performance and stock price are influenced by factors such as competition from other drugstore chains, reimbursement rates for prescription drugs, and overall economic conditions.
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Factors

Company Performance: Rite Aid's financial health, including revenue, earnings, and profitability, significantly influences its stock price. Positive results generally lead to price increases, while negative results can cause declines.

Market Conditions: Overall market trends and economic conditions impact all stocks, including Rite Aid. A bullish market typically lifts most stocks, while a bearish market often pulls them down.

Industry Trends: The performance of the pharmaceutical and retail pharmacy industries affects Rite Aid's stock. Industry growth, regulatory changes, and competitive pressures all play a role.

Debt Levels: High debt can make investors wary, potentially lowering the stock price. Successful debt management can improve investor confidence.

Competition: The competitive landscape, particularly from larger chains like CVS and Walgreens, impacts Rite Aid's market share and profitability, thereby affecting its stock.

News and Events: Company-specific news, such as mergers, acquisitions, partnerships, or regulatory challenges, can cause significant price fluctuations.

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