Rite Aid (RAD) on Watch Following Walgreen (WAG) May Sales Results
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Rite Aid (NYSE: RAD) shares are active Wednesday morning following May sales results from peer Walgreen (NYSE: WAG).
Ahead of the bell, Walgreen reported May comps rose 4.4 percent, while consensus views were looking for a gain of just 4.1 percent. More on the sales numbers can be seen here.
Shares of Rite Aid are about flat in early trading. The stock has been recently trading near its 52-week high, so a little pullback might be expected.
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