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Amazon's PillPack deal hits healthcare stocks

Thursday, June 28, 2018 - 01:30

Amazon announced on Thursday it’s buying little-known online pharmacy PillPack and the news quickly wiped about $30 billion dollars off the valuation of drugstore chains, distributors and insurers.

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Amazon announced on Thursday it’s buying little-known online pharmacy PillPack and the news quickly wiped about $30 billion dollars off the valuation of drugstore chains, distributors and insurers.

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Amazon's PillPack deal hits healthcare stocks

Thursday, June 28, 2018 - 01:30