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Walgreens Boots Alliance Inc. stock rises Wednesday, outperforms market

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Terrence Horan

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Shares of Walgreens Boots Alliance Inc. WBA, -0.31% rallied 3.94% to $50.12 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.68% to 34,814.39. The stock's rise snapped a four-day losing streak. Walgreens Boots Alliance Inc. closed $6.93 below its 52-week high ($57.05), which the company achieved on April 6th.

The stock outperformed some of its competitors Wednesday, as CVS Health Corp. CVS, -0.18% rose 1.97% to $85.54 and PetMed Express Inc. PETS, -0.84% fell 0.67% to $26.79. Trading volume (5.6 M) eclipsed its 50-day average volume of 5.2 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.