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Walgreens Boots is the Dow’s worst performer today, on pace for its lowest close in roughly 25 years and its worst year ever

Clyde Edgerton by Clyde Edgerton
November 13, 2023
in Markets
Walgreens Boots is the Dow’s worst performer today, on pace for its lowest close in roughly 25 years and its worst year ever
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Shares of drugstore chain Walgreens Boots Alliance Inc.
WBA,
-0.54%
were down 0.9% and trading at $20.11 on Monday, putting the stock on pace for its lowest close since Aug. 31, 1998, when it finished at $19.19. The stock, currently the worst performer in the Dow today, has fallen 46% year to date, and is on track for its worst year on record. The company’s financial results have come up short in recent quarters, and it has faced rising costs, a drop-off in COVID-19 vaccinations and a slower rollout of its healthcare business. Walgreens last month named Tim Wentworth as its new chief executive.

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