Trader Radar - Monday December 22nd
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. In the early 1900s this Chicago-based pharmacy popularized the malted milkshake. Now among the largest drug store chains in the US, the company focuses on health, offering in-store clinics and full-service pharmacies. But today not even heavy medication could make shareholders feel better, after the company posted an 11% drop in profits last quarter. Who is it?
A: On the trader radar tonight we’re watching Walgreen’s ! The second-largest US drugstore company was among the most active names on the NYSE today.