Cash in Your Pocket: Omicron and the inventory market

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(NEXSTAR) – Because the omicron variant sweeps by way of the U.S., changing into essentially the most dominant pressure of COVID-19 forward of the vacations, the demand for testing has risen. President Joe Biden is anticipated to announce new actions to broaden entry to COVID testing, however for some retailers, it could be too late.

Tuesday morning, forward of Biden’s announcement, Walgreens imposed a purchase order restrict on at-home COVID-19 testing merchandise throughout its shops and on-line. Prospects will now be restricted to simply 4 gadgets per buy “in an effort to assist enhance stock.”

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