Saturday, July 31, 2021
Home TecStocks Amazon to launch it's own Pharmacy - stock soars.

Amazon to launch it’s own Pharmacy – stock soars.

Amazon to launch Amazon Pharmacy, it’s own online pharmacy store starting today (11/17/20). $AMZN stock is up 2% in pre-market. Amazon is offering discounts and free two day shipping to it’s prime customers.

This move also pushed down the stocks of traditional stores such as CVS, Walgreens, RiteAid, etc. GoodRx, discount prescription company shares plunged in pre-market. Amazon bought PillPack — an one drug prescription company — a year ago for about $750million.


Please enter your comment!
Please enter your name here

Most Popular

Notable Earnings Next Week

This week, there were flurry of notable earninngs including, AAPL, MSFT, GOOGL, FB, AMZN, etc. Pretty much every major corporations beating expectations on both...

Market Wrap – July 29

Economic Data: U.S. Q2 GDP accelerated to 6.5% lower than expected 8.4%, but better than pre-pandemic level and investors seemed to have shrugged off...

July 29 PreMarket

Futures Now (8AM): ES +6.25, DOW +130, NQ -10, ES +6.25, 10-year Treasury yield was at 1.26%, oil up +0.4, gold is up 1.5%...

Recent Comments