Stock Market Today: Walgreens Stock Edges Lower as Buyout Nears

Walgreens Boots Alliance (NASDAQ: WBA) closed at $11.92, down 0.4%. Trading volume surged to 89.2 million shares, more than 10 times its three-month average of 8.6 million, as investors repositioned around the pharmacy specialist's transition to a private entity. The stock remains within its 52-week range of $8.08 to $13.25, with a market capitalization of $10.4 billion.The broader market advanced, with the S&P 500 (SNPINDEX: ^GSPC) gaining 26.59 points, or 0.4%, to 6,465.91, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) added 94.98 points, or 0.4%, to finish at 21,544.27.Among peers, CVS Health (NYSE: CVS) rose 0.5% to $71.55, contrasting with Walgreens' modest decline.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool