Walgreens to launch credit cards with Synchrony Financial and Mastercard

Walgreens Boots Alliance Inc. /zigman2/quotes/203410933/composite WBA +2.71% said Wednesday that it will expand its partnerships with Synchrony Financial /zigman2/quotes/203661733/composite SYF +1.35% and Mastercard Inc. /zigman2/quotes/207581792/composite MA +2.90% with credit cards and a prepaid debit card. The credit cards will be tied to the pharmacy retailer's newly-launched loyalty program, offering points as well as other benefits. The credit cards are expected to launch during the second half of this year. Walgreens stock was up 1.3% in Wednesday premarket trading, but has slumped 11.3% over the last year. Synchrony Financial stock is up 3.3% over the past 12 months. And Mastercard stock has gained 8.8% for the period. The S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.54% is up 15.6% over the past year.

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Walgreens Boots Alliance Inc.

US : U.S.: Nasdaq

$ 48.48

+1.28 +2.71%

Volume: 5.11M

March 8, 2021 4:00p

P/E Ratio

N/A

Dividend Yield

3.86%

Market Cap

$40.87 billion

Rev. per Employee

$421,562

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Synchrony Financial

US : U.S.: NYSE

$ 40.64

+0.54 +1.35%

Volume: 8.17M

March 8, 2021 4:00p

P/E Ratio

17.86

Dividend Yield

2.17%

Market Cap

$23.42 billion

Rev. per Employee

$777,394

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Mastercard Inc.

US : U.S.: NYSE

$ 371.33

+10.45 +2.90%

Volume: 7.21M

March 8, 2021 4:00p

P/E Ratio

58.26

Dividend Yield

0.47%

Market Cap

$358.48 billion

Rev. per Employee

$728,619

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S&P 500 Index

US : S&P US

3,821.35

-20.59 -0.54%

Volume: 2.99B

March 8, 2021 5:05p