Why Walmart Stock Was Surging Today
Shares of Walmart (NYSE: WMT) were jumping today after the retail giant delivered another strong earnings report, beating estimates on the top and bottom lines and raising its full-year guidance.
The results showed that Walmart continues to execute as well as any other retailer in a challenging environment, thriving on the strength of its grocery business, reputation for low prices, and solid execution in the omnichannel.
As of 10:13 a.m. ET, the stock was up 6.7% on the news.
Source Fool.com
Walmart Inc. Stock
€103.98
0.600%
With 101 Buy predictions and 1 Sell predictions Walmart Inc. is one of the favorites of our community.
However, we have a potential of -0.94% for Walmart Inc. as the target price of 103 € is below the current price of 103.98 €.
