Here’s Why Walgreens Stock Crashed despite Strong Q3 Results
As we’ve seen in this series, Walgreens Boots Alliance (WBA) posted better-than-expected fiscal third-quarter results before the market opened on June 28. Management also raised the lower end of the company’s fiscal 2018 earnings guidance and announced plans to repurchase up to $10 billion of its shares and increase its dividends by 10% to $0.44.