Since the start of 2025, WBA is up 17.8%, cutting into its now 46.6% year-over-year deficit. The stock's record high of $97.30 was nearly 10 years ago, and the shares have finished with annual losses for the past three years.

Walgreens shares fell more than 5% Friday as details about a potential sale emerged and one analyst team said the stock had "run too far" on transaction speculation. Walgreen shares began trending up in December, when the Financial Times reported that the pharmacy company was exploring a sale with a private equity firm.

Drugstore chain Walgreens Boots Alliance Inc. is closing in on a roughly $10 billion deal to sell itself to Sycamore Partners, a private-equity firm, which would then take Walgreens private and likely break it up,

A share price of between $11.30 and $11.40 has been discussed and a deal could be reached as soon as Thursday, a media report says

Shares of Walgreens Boots Alliance jumped Monday afternoon as investor optimism about the possibility of a deal lifted the drugstore chain's shares.