After an earnings-driven rally, Walgreens is back in the red as investors digest its decision to halt dividend payments.

Embattled drug chain Walgreens suspended the cash dividend, saying it needed cash due to litigation and debt refinancing.

WBA will likely generate only about $100-200 million of attributable cash in FY2026, rendering a substantial dividend payment unaffordable. Explore more details here.

Walgreens Boots Alliance Inc (WBA) stock saw a decline, ending the day at $10.28 which represents a decrease of $-1.18 or -10.30% from the prior close of $11.46. The stock opened at $9.95 and touched ...

Learn more about whether The Chefs' Warehouse, Inc. or Walgreens Boots Alliance, Inc. is a better investment based on AAII's ...

Shares of Walgreens Boots Alliance dropped 10% Friday, after the pharmacy chain suspended quarterly dividends, citing the need for cash amid litigation and turnaround efforts. The Justice Department t ...

The Wall Street Journal previously reported that Walgreens and Sycamore Partners were discussing a deal that could be ...

Walgreens stock is spiraling Friday after the pharmacy chain suspended its dividend amid continued turnaround plans. Here's ...

Many finance professionals -- and not a few investors -- consider Walgreens a juicy target for private equity players. In ...

The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.

Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) fell 12.3% in the morning session after the US Department of ...

Walgreens shares sank Tuesday, the first day of trading since the Department of Justice announced a lawsuit accusing the ...