Walgreens Boots Alliance (WBA) Experiences A Volatile While It Publishes Financial Results For The Fourth Quarter

Recently, the company published the financial results for the fiscal year and fourth quarter. After we look at the results for the fourth quarter, let’s see how the stock price has been moving over the past five days. Walgreens Boots Alliance stock is volatile and varied with enormous speed; last Thursday, it was closed at $48.21. Nevertheless, yesterday it sharply fell to $46.88, and currently, it is trading at the value of $47.28 with a pre-market 1.57%.

According to the results, earnings per share in the fourth quarter were $0.41, an increase of over 6.4%. Compared to the same period last year, sales expanded by 12.8%. Most importantly, the net cash generated from operating activities in the fiscal year 2021 equaled 5.6% billion dollars, an increase of 70 million dollars. Walgreens exceeded their COVID-19 vaccine goal, supplying 13.5 million in the first quarter and 34.6 million in fiscal 2021.

April Sanchez

Business and Tech Reporter