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
€96.06
-0.400%
The stock is an absolute favorite of our community with 99 Buy predictions and no Sell predictions.
With a target price of 109 € there is a slightly positive potential of 13.47% for Walmart Inc. compared to the current price of 96.06 €.
