Walgreens Boots Alliance shares are trading lower after the company settled an opioid lawsuit in San Francisco for $230 million.
Portfolio Pulse from Benzinga Newsdesk
Walgreens Boots Alliance (WBA) has settled an opioid lawsuit in San Francisco for $230 million, causing its shares to trade lower.
May 18, 2023 | 4:51 pm
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Walgreens Boots Alliance's stock price is trading lower after settling an opioid lawsuit for $230 million.
The settlement of the opioid lawsuit for $230 million is a significant financial burden for Walgreens Boots Alliance, which is causing its stock price to trade lower. Investors may be concerned about the company's financial health and potential future legal issues.
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