Last week, investors strongly contemplated that the easing of inflation, followed by the Fed’s long-awaited aggressive 50-bps rate cut on Sept.18, will provide a respite from the prolonged drab scenario within the retail pharmacy sector. While they were not wrong with respect to other industry players, Walgreens Boots’ (WBA) share price plunge, even amid the speculation of another half a percentage point cut in the rest of 2024, depicts a different story, denting investors’ enthusiasm.Since the rate cut, th ...