Is Walgreens Boots Stock Underperforming the S&P 500?

With a market cap of $9.6 billion, Walgreens Boots Alliance, Inc. (WBA) operates as a healthcare, pharmacy, and retail company in the United States and internationally. Founded in 1909, the Deerfield, Illinois-based company operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare.

Companies worth between $2 billion to $10 billion are generally described as “mid-cap stocks,” and WBA perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the healthcare sector.