I read this report.....crazy how a once strong company can suffer and be delisted from the Dow 30....
They’ve got a ton of debt to pay down. Mismanagement from previous CEOs.
Mismanagement for whatever the reason most often will take a company out. The other thing is not adjusting to the changes and they get left behind. Often you have to stay steps ahead and/or reinvent yourself. Times are changing
Yep. So true.
So with Walgreens replacing GE, would it be something you would ever take a look at? Not much cash but 49B Market Cap only 18B in Debt, recently taken a big hit. Approaching previous support on 10 yr weekly chart and well below moving averages.