- Rite Aid posts $71.5 million profit in third quarter 2014
- New Rite Aid group VP pharmacy initiatives and clinical services to oversee Wellness Ambassador program
- Rite Aid introduces interactive higi health stations across the chain
- Category management veteran Mike Cirilli joins L&R Distributors
- Rite Aid's Wellness format passes 1,000-store mark in second quarter
CAMP HILL, Pa. — Rite Aid has regained compliance with the New York Stock Exchange’s share price-listing requirements, the retail pharmacy chain said Tuesday.
The 4,700-store chain regained compliance after its closing share price and average closing share price for the 30 days ended Monday were both above $1.
Companies that trade on the exchange are threatened with delisting if the average closing price of their shares falls below $1 over a consecutive 30-day trading period.