TRxADE Health shares are trading lower. The company announced on Friday that it will acquire Superlatus.
Portfolio Pulse from Benzinga Newsdesk
TRxADE Health announced that it will acquire Superlatus, causing its shares to trade lower.

June 28, 2023 | 6:13 pm
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NEGATIVE IMPACT
TRxADE Health's stock price is trading lower after the announcement of its acquisition of Superlatus.
Acquisitions often lead to uncertainty among investors, which can cause a short-term drop in the acquiring company's stock price. In this case, TRxADE Health's announcement of its acquisition of Superlatus has led to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100