Rite Aid files for Chapter 11 bankruptcy

expand_more

2K views3 years ago

thumb_upLike

thumb_downDislike

library_addSave

flagReport

Yahoo Finance check_circle

0 subscribers

Rite Aid (RAD) shares dropped in early trading as the company filed for Chapter 11 bankruptcy amid slowing sales, increasing debt, and opioid lawsuits. Yahoo Finance's Seana Smith and Brad Smith discuss the news. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV #riteaid #bankruptcy #yahoofinance

Yahoo Finance,Personal Finance,Money,Investing,Business,Savings,Investment,Stocks,Bonds,FX,Currencies,NYSE,Equities,News,Politics,Market,Markets,Yahoo FInance Premium,Stock market,vHqLGHq_bJw,, Business,Society, channel_UCEAZeUIeJs0IjQiqTCdVSIg, video_vHqLGHq_bJw

vid:246314

Comments0

unfold_more

00:06:37

Stock market 'is expensive' and complacent about geopolitical risk, strategist says

more_vert

Yahoo Finance check_circle

2K views 2 years ago

00:06:34

Don't bet against Elon Musk: Dan Ives talks $1T Tesla call

more_vert

Yahoo Finance check_circle

35K views 2 years ago

,After Tesla (TSLA) shareholders voted on Thursday to approve CEO Elon Musk's pay package — valued at over $46 billion based on today's stock price — will the wins keep on coming for Musk? One analyst forecasts Tesla could become a $1 trillion company in 2025. Joining The Morning Brief is Wedbush Securities Managing Director & Senior Equity Analyst Dan Ives to discuss his call and how Musk continues to grow Tesla's value through developing autonomous and full-self driving (FSD) capabilities, integrating AI, and even the EV maker's venture into robotics. "This is a disruptive technology company. And I think that's where the bears will say it's a car company, they've said it from, what, $100 million up to a trillion. So the point is this is disruptive tech. And now when you look at autonomy software, FSD, that's the vision," Ives explains. "But also this is one that you're going to see three, four million vehicles per year when you look out 4 or 5 years from now. And again, betting against Musk, it's been the wrong move." Ives later comments on the energy seen is Musk at Thursday's shareholder meeting: "Musk is Tesla, Tesla is Musk... you're seeing old-school Musk return now." Ark Invest (ARKK) Founder, CEO, and CIO Cathie Wood spoke with Yahoo Finance amid Tesla's annual shareholder meeting to talk about her latest call projecting Tesla stock to skyrocket to $2,600 by 2029. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. #youtube #elonMusk #news About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance