Walgreens stock heads for biggest monthly decline in more than 4 years

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Walgreens stock heads for biggest monthly decline in more than 4 years
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Shares of Walgreens Boots Alliance Inc. rose 0.4% in premarket trading Thursday, but were still headed for their worst monthly performance in more than four...

Shares of Walgreens Boots Alliance Inc. WBA, +0.23% rose 0.4% in premarket trading Thursday, but were still headed for their worst monthly performance in more than four years. The drugstore chain and health care services company’s stock has tumbled 14.

6% in August through Wednesday, enough to make it by far the worst month-to-date performer in the Dow Jones Industrial Average DJIA, +0.11% ; the next worse is Goldman Sachs Group Inc.’s stock GS, -0.37%, which has lost 7.7% this month. The stock has been hurt by a slowdown in consumer spending and by the surprise resignation of the company’s chief financial officer. The stock, which had closed Tuesday at a 14-year los of $25.

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