Amazon Effect Impacts Pharmacy & Delivery Stocks - Adviser Investments

Amazon Effect Impacts Pharmacy & Delivery Stocks

Diana Linn, client service associate at Adviser Investments, has the market analysis for Thursday, June 28. We saw solid gains across the board today, led largely by the telecom sector. Conversely, the “Amazon Effect” continued to impact pharmacy and delivery stocks—with Rite Aid, Walgreens and CVS down 11%, 10% and 6%, respectively, and UPS and Fedex both down 2%. On the horizon: A look at consumer health as gauged by personal income, spending and savings data.

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