{"id":73330,"date":"2023-10-16T17:11:41","date_gmt":"2023-10-16T21:11:41","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/cvs-stock-rises-after-rite-aid-files-for-bankruptcy\/"},"modified":"2023-10-16T17:11:44","modified_gmt":"2023-10-16T21:11:44","slug":"cvs-stock-rises-after-rite-aid-files-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=73330","title":{"rendered":"CVS Stock Rises After Rite Aid Files for Bankruptcy"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000770276\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>\n        CVS<br \/>\n       stock was rising on Monday after rival drugstore operator<br \/>\n        Rite Aid<br \/>\n       filed for bankruptcy\u2014but that\u2019s likely not the only factor buoying the shares.<\/p>\n<p>Shares in<br \/>\n        CVS Health<br \/>\n       (ticker: CVS) advanced 2.4% on Monday. The move higher for CVS stock came amid news that Rite Aid (RAD) filed for Chapter 11 bankruptcy protection late Sunday as it faces lawsuits related to the opioid epidemic, with the group poised to close more stores as it faces a restructuring.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/cvs-stock-price-rite-aid-bankruptcy-30fbbf4e?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CVS stock was rising on Monday after rival drugstore operator Rite Aid filed for bankruptcy\u2014but that\u2019s likely not the only factor buoying the shares. Shares in CVS Health (ticker: CVS) advanced 2.4% on Monday. The move higher for CVS stock came amid news that Rite Aid (RAD) filed for Chapter 11 bankruptcy protection late Sunday [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":73331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-73330","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CVS Stock Rises After Rite Aid Files for Bankruptcy | iFintechWorld<\/title>\n<meta name=\"description\" content=\"CVS stock was rising on Monday after rival drugstore operator Rite Aid filed for bankruptcy\u2014but that\u2019s likely not the only factor buoying the shares.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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