Movers roundup: Rite Aid, Vera Bradley

Movers roundup: Rite Aid shares rise on 1Q results; Vera Bradley fall as it cuts guidance

Associated Press

Among the stock activity stories for Friday, June 7, from the AP Financial Desk:

— Rite Aid Corp. shares rose after the drugstore chain issued a better-than-expect forecast for first-quarter earnings and started what one analyst described as a "much anticipated" debt refinancing.

— Vera Bradley Inc.'s shares fell for the second straight session, after the handbag maker cut its full-year guidance and said that its CEO plans to retire.

View Comments (0)