Walgreens stock heads for biggest monthly decline in more than 4 years

Shares of Walgreens Boots Alliance Inc.
WBA,
+0.21%
rose 0.4% in premarket trading Thursday, but were still headed for their worst monthly performance in more than four years. The drugstore chain and health care services company’s stock has tumbled 14.6% in August through Wednesday, enough to make it by far the worst month-to-date performer in the Dow Jones Industrial Average
DJIA,
+0.28%
; the next worse is Goldman Sachs Group Inc.’s stock
GS,
+0.15%,
which has lost 7.7% this month. The stock has been hurt by a slowdown in consumer spending and by the surprise resignation of the company’s chief financial officer. The stock, which had closed Tuesday at a 14-year los of $25.17, was headed for the biggest monthly percentage decline since it shed 15.3% in April 2019.