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InvestorPlace: A New CEO is One Reason Why Rite Aid’s Long-Term Prospects are Improving

InvestorPlace: A New CEO is One Reason Why Rite Aid’s Long-Term Prospects are Improving

Unlike Walgreens (NYSE:WBA) or CVS Health (NYSE:CVS), Rite Aid (NYSE:RAD) is on a permanent downtrend. The company hired a new CEO last month but that did not do much to restore confidence. It will take more efforts to turnaround the company, which would then help lift the RAD stock price.

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Last month, Rite Aid appointedHeyward Donigan as its next CEO. She…

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InvestorPlace: Dow Jones Today: Another Day of Market Struggles Just when it looked like the major U.S. equity benchmarks were poised to snap out of their recent doldrums, market participants sold modest early session gains, sending the…