Rite Aid Shares Jumped 40% Last Week – Buy, Sell, Hold?
Rite Aid (RAD) shares soared last week after the company reported stronger-than-expected first-quarter revenue growth and issued an upbeat sales forecast. However, given the company’s increasing losses and projected interest rate hikes, is it worth buying the stock now? Let’s find out. shutterstock.com – StockNews Rite Aid Corporation (RAD) offers a wide range of whole-being…