With the CDC announcing widespread flu activity in 46 states, Rite Aid Corporation (NYSE:RAD) is urging folks to get vaccinated and combat the flu. With flu typically rising between December and February, it is very much probable for the flu season to extend to March, indicating there is still time for people to get vaccinated.
The buzz
Jocelyn Konrad, the EVP of Pharmacy at Rite Aid, expressed that with the CDC announcing widespread flu activity, health professionals are estimating that this flu season will mark as one of the worst flu seasons in recent history. As they move into the peak of flu season, it is not late for folks who are yet to get vaccinated against the flu. Though it takes as many as 2 weeks to get full protection, getting a flu shot is the best way to combat the flu. The vaccine even assists to ease the duration and severity of indications for people who catch the flu.
Flu shots are presently available at all company pharmacies and are covered by leading insurance plans, counting Medicare Part B. Rite Aid approved immunizing pharmacists can administer flu shots, based on state set guidelines, during pharmacy hours. There is no need to book an appointment.
As of now, Rite Aid pharmacies are offering three different types of flu vaccines. These vaccines are quadrivalent flu vaccine, the standard trivalent vaccine, and a trivalent vaccine with adjuvant named as FLUAD. In addition, the company pharmacists will counsel users on OTC drugs, like pain relievers, hydration products, cough and cold medicines that can be utilized to help manage indications associated with the flu.
In the last trading session, the stock price of Rite Aid declined more than 6% to close the day at $2.23. The decline came at a share volume of 38.65 million compared to average share volume of 29.05 million.