Amazon Acquisition of PillPack Crushes Shares of Walgreens, CVS, Rite Aid

June 29, 2018
Updated 4mo ago
Amazon wiped out nearly $18 billion from 8 companies in one day by spending $1 Billion on its acquisition of PillPack, an online pharmacy. Jason Ware, Chief Investment Officer & Chief Economist at Albion Financial Group joined Cheddar to discuss the deal's impact on the drug industry.