Why Walgreens Boots Alliance, Inc. Stock Popped 12.7% In July

Shares of Walgreens Boots Alliance (NASDAQ: WBA) climbed 12.7% in July, according to data from S&P Global Market Intelligence, rebounding on the heels of its plunge in late June after Amazon.com's threatening purchase of online pharmacy PillPack.Shares of Walgreens fell 10% on June 28 alone as the market reacted to Amazon's purchase, which many industry watchers viewed as putting the online retail behemoth in direct competition with the broader pharmacy sector.

BING NEWS:
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