Rite Aid (RAD) Shares Surge Over $1.55 on Heavy Volume, Now Up ~9%
Tweet
Share
E-mailGet Alerts RAD Hot Sheet
Join SI Premium – FREE
Rite Aid (NYSE: RAD) shares popped above the $1.55 price level Tuesday afternoon, jumping nearly 4 percent to just over $1.60.
Volume surged very sharply as the price moved higher. From 1:24 to 1:25 pm, about 2.3 million shares crossed from $1.545 to $1.58, setting momentum for Rite Aid. Competitors like CVS (NYSE: CVS) and Walgreen (NYSE: WAG) didn't see similar moves.
Shares are now up about 8.9 percent on the session.
Volume surged very sharply as the price moved higher. From 1:24 to 1:25 pm, about 2.3 million shares crossed from $1.545 to $1.58, setting momentum for Rite Aid. Competitors like CVS (NYSE: CVS) and Walgreen (NYSE: WAG) didn't see similar moves.
Shares are now up about 8.9 percent on the session.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Scorpion Capital says short Twist Biosciences
- Uber fined $966 Million in the Netherlands for automating driver suspensions - Reuters
- Broadcom said to seek over $60B in latest AI debt deal
Create E-mail Alert Related Categories
Momentum Movers, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
