It's Thursday, June 27th.

Welcome to Market Foolery.

I'm Chris Hill joining me in studio from M-Fam Funds, Bill Barker.

Happy Thursday.

Thank you.

Thanks for being here. Thanks for having me.

We've got some earnings. We've got one of the biggest movers in terms

of stock appreciation today is a company that I don't believe we have ever

talked about in the history of this

podcast and we will get to that but we're gonna start with Rite Aid because the

first quarter loss for Rite Aid was worse than expected they still don't have a CEO, so if you're looking

for a job, that's something maybe to consider. Why in the name of anything are shares of Rite Aid up today?

Because I can't see a valid reason why this stock is up.

Could be the announcement from Amazon that you can pick stuff up at the Rite Aid counter that will give you a reason to go to Rite Aid, whereas before you did not have one, or at least that was what the numbers seem to show, right,

a getting smaller and smaller as time goes by,

and people not buying more.

So the same store sales were basically flat. You could say that they were up

three-tenths of a percent or up a percent something like that different ways to break them

out but essentially flat. This is a company that now has a market cap of

400 million dollars. Is someone just going to buy them and put them out of their misery?

Because it's hard for me to see how Rite Aid is a standalone public company in two years

with the likes of Walgreens and CVS out there.

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