20.09.2013 14:27:00
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Morning Research: Rite Aid Corp., CVS Caremark Corp., Walgreen Co., and GNC Holdings Inc.
LONDON, September 20, 2013 /PRNewswire/ --
The U.S. equity market ended on a mixed note on Thursday, September 19, 2013. The S&P 500 ended the day at 1,722.34, down 0.18%; the Dow Jones Industrial Average closed at 15,636.55, down 0.26%; while the NASDAQ Composite finished at 3,789.38, up 0.15%. Shares in drug stores also closed on a mixed note, tracking the broader market. The major movers in the industry included Rite Aid Corporation (NYSE: RAD), CVS Caremark Corporation (NYSE: CVS), Walgreen Company (NYSE: WAG), and GNC Holdings Inc. (NYSE: GNC). AAAResearchReports.com has released full comprehensive research on RAD, CVS, WAG, and GNC. These free technical analyses can be downloaded by signing up at:
http://www.aaaresearchreports.com/register/
Rite Aid Corp.'s stock rallied on Thursday, hitting a new 52-week high of $4.65. The company's shares closed the day at $4.58, up 23.45% from the previous day's price of $3.71. A total of 113.83 million shares were traded, which is significantly above the daily average volume of 20.46 million. The company's shares have rallied 34.71% in the last one month and 47.27% in the previous three months, outperforming the S&P 500 during the respective periods. Furthermore, Rite Aid Corp.'s stock is trading above its 50-day and 200-day moving averages of $3.27 and $2.34, respectively. Download free report on RAD upon registration at:
http://www.AAAResearchReports.com/RAD092013.pdf
Shares in CVS Caremark Corp. fell sharply on Thursday, extending the losses from the previous trading session. The company's shares ended the day at $59.80, which is 1.25% lower than the previous day's price of $60.56. The company's shares vacillated between $59.67 and $60.61 during the trading session. A total of 7.44 million shares were traded, which is above the daily average volume of 4.58 million. Despite Thursday's losses, CVS Caremark Corp.'s stock has advanced 2.31% in the last one month and 1.20% in the previous three months, compared to a gain of 4.63% and 5.73% in the S&P 500 during the respective periods. Additionally, the company's shares are trading above their 200-day moving average of $55.69. CVS technical report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/CVS092013.pdf
Walgreen Co.'s stock edged higher on Thursday, extending the gains from the previous trading session. The company's shares ended the day 0.65% higher at $55.99, after hitting a new 52-week high of $56.26. A total of 5.79 million shares were traded, which is above the daily average volume of 5.60 million. The company's shares have surged 15.40% in the last one month and 11.47% in the previous three months, outperforming the S&P 500 which has gained 4.63% and 5.73% during the respective periods. Further, Walgreen Co.'s stock is trading above its 50-day and 200-day moving averages of $50.12 and $45.47, respectively. The free report on WAG can be downloaded by signing up now at:
http://www.AAAResearchReports.com/WAG092013.pdf
On Thursday, GNC Holdings Inc.'s stock edged lower to close at $52.80, down 0.36% from the previous day's closing price of $52.99. The company's shares oscillated between $52.67 and $53.15 during the trading session. A total of 0.68 million shares were traded, which is below the daily average volume of 1.21 million. Despite Thursday's pullback, the company's shares are up 2.39% in the last one month and 11.20% in the previous three months, compared to a gain of 4.63% and 5.73% in the S&P 500 during the respective periods. Moreover, GNC Holdings Inc.'s stock is trading above its 50-day and 200-day moving averages of $51.27 and $43.09, respectively. A free report on GNC can be accessed by registering at:
http://www.AAAResearchReports.com/GNC092013.pdf
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SOURCE AAA Research Reports
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