NEW YORK - Drugstore stocks dropped with the market Monday after a majority of the U.S. House of Representatives voted against a financial sector bailout, although voting remained open.
Stocks were already trading lower on concerns the $700 billion aid package would fail, and as the votes rolled in, the Dow Jones industrial average plunged as much as 702 points. The Standard & Poor's 500 and Nasdaq composite index suffered comparable declines, although each index bounced back from their lows.
Rite Aid Corp. fell 6 cents, or 6.6 percent, to 85 cents.
CVS Caremark Corp. lost $2, or 5.7 percent, to $32.98.
Longs Drugs Stores Corp. shed $1.10 to $75.
Walgreen Co., which reported disappointing fiscal fourth-quarter results before the start of the session, fell $1.63, or 5 percent, to $31.10. Earlier, the stock reached a five-year low of $30.52.
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