Rite Aid (RAD) is seeing relative strength and call volume is picking up after UBS said CVS, Wal-green’s (WAG), or Wal-mart (WMT) could have interest in RAD. Shares are up 20 cents to $1.59 and 1495 Jul 2.5 calls traded (75 percent Ask). Another 745 Apr 2.5 calls changed hands (88 percent Ask).
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Rite Aid Corp (RAD) $1.57 +12.95%
Posted on February 18th, 2010 2:21 pm
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1 user commented on " Rite Aid Corp (RAD) $1.57 +12.95% "
Follow-up comment rss or Leave a Trackbackdoubt WAG has an interest after picking up Duane Reade… that still needs to be approved and is think that would be an issue if they are trying to pick up another pharmacy chain