Walgreens Shares Plunge After Reducing Its Outlook as Spending Slows

Walgreens shares plummeted on Tuesday after the drugstore chain slashed its full-year earnings guidance, citing reduced consumer spending and slowing demand for COVID-19 products and services.

Walgreens Shares Plunge After Reducing Its Outlook as Spending Slows
Walgreens shares plummeted on Tuesday after the drugstore chain slashed its full-year earnings guidance, citing reduced consumer spending and slowing demand for COVID-19 products and services.