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Neighbourly Pharmacy Inc T.NBLY.R


Primary Symbol: T.NBLY

Neighbourly Pharmacy Inc. is a Canada-based company that operates a network of community pharmacies. The Company is an owner and operator of retail pharmacies located throughout Canada under banners such as IDA/Guardian, Pharmachoice, Pharmasave and Remedy’s RX. The Company, through its subsidiaries, owns and operates a network of retail pharmacies known as Rubicon Pharmacies (Rubicon or Rubicon Pharmacies. The Company owns and operates approximately 287 locations across seven provinces and one territory, a coast-to-coast footprint that provides scale and diversification. The Company’s pharmacies provide accessible healthcare with a personal touch. The Company also owns British Columbia-based pharmacies.


TSX:NBLY - Post by User

Comment by zforzebraon Jan 24, 2023 9:39pm
70 Views
Post# 35243939

RE:RE:More dumb market action

RE:RE:More dumb market actionThe market doesn't like uncertainty and changing CEO does constitute that.  There are questions as to why a young CEO would just leave.  Is there something wrong with the company?

Personally, I think the reason is that the current CEO has underperformed and was replaced by the BoD.  If you look at the price of the stock since IPO, it went up and now down.  It was slowly creeping up and I think will continue to creep up.

I think the new CEO isn't a downgrade.  He worked 27 years at Walgreens.

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