Walgreens Boots Alliance, Inc. (WBA), with a market cap of $15.8 billion, is a healthcare and retail company that offers prescription drugs, health services, beauty products, and general merchandise globally. Based in Deerfield, Illinois, it serves customers through retail drugstores and online channels.
Shares of the drugstore chain have significantly underperformed the broader market over the past 52 weeks. WBA has declined 40.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 27.2%. In 2024, WBA stock is down 29.7%, compared to SPX's 10% gains on a YTD basis.
