Day: April 21, 2022

Apr 21
Rite Aid’s stock rockets after the New York Post reported it rejected a buyout bid at a hefty premium

Shares of Rite Aid Corp. RAD, +10.81% rocketed as much as 38.5% intraday before paring gains to be up 18.7% in very active afternoon trading Wednesday, after the New York Post reported that the drugstore chain rejected earlier this month a buyout bid that valued the company at more than $800 million. Trading volume swelled […]