Pharmacy chain Rite Aid, sitting on a six-day rall
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Posted On: 12/27/2019 10:55:24 AM
Pharmacy chain Rite Aid, sitting on a six-day rally that has lifted shares 150%, gained an additional 11.6% in early action Friday. The stock may be experiencing a "short squeeze," a large-scale exit of short sellers, after a surprisingly strong third-quarter report delivered Dec. 19.
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