Rite Aid stock

Rite Aid (RAD): filed for bankruptcy 15 Oct 2023. Peak close $1,019.00 a share (8 Jan 1999). Final price $0.00 a share (30 Aug 2024). Rite Aid and the other defunct companies are on one page, each with its dates, prices and sources.

Key dates and prices

What happened

Rite Aid was incorporated in 1968 and traded on the New York Stock Exchange as RAD.

Its shares hit about $51 in early 1999, before an accounting fraud came to light.

The SEC said Rite Aid overstated its income in every quarter from May 1997 to May 1999 and had to restate net income by $1.6 billion, the largest restatement ever recorded at the time.

In April 2019 it did a 1-for-20 reverse stock split.

It filed for Chapter 11 on Oct 15, 2023 with about 2,100 stores in 17 states, roughly $3.3 billion in debt and more than a thousand opioid lawsuits.

It emerged in 2024 as a private company owned by its lenders after cutting about $2 billion of debt; the old shares were cancelled.

The private company filed for bankruptcy a second time in May 2025.

Cause: Chapter 11 amid debt, opioid suits. Prescribed Chapter 11, Oct 2023.

What was the ticker symbol for Rite Aid stock?

Rite Aid traded under the ticker RAD. Rite Aid: filed for bankruptcy 15 Oct 2023.

What was the peak price of Rite Aid stock?

The peak close was $1,019.00 a share, on 8 Jan 1999. Share basis: post-April 2019 1-for-20 reverse split shares (about $51 per share as it traded in 1999).

What was the final price of Rite Aid stock?

The final price was $0.00 a share, on 30 Aug 2024 (shareholders wiped out in bankruptcy). Rite Aid: filed for bankruptcy 15 Oct 2023.

Checked 27 September 2026. History, not advice.

Sources: sec.gov, sec.gov, sec.gov, sec.gov, sec.gov, npr.org, cbsnews.com, nbcnews.com