Walmart Stock – Walmart Inc. stock underperforms Wednesday when compared to competitors
Shares of Walmart Inc.
sank 0.21% to $139.80 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.15% to 4,079.95 and the Dow Jones Industrial Average
rising 0.05% to 33,446.26. The stock’s fall snapped a two-day winning streak. Walmart Inc. closed $13.86 short of its 52-week high ($153.66), which the company achieved on December 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc.
rose 1.72% to $3,279.39, Costco Wholesale Corp.
fell 0.36% to $358.81, and Target Corp.
fell 0.48% to $204.45. Trading volume (6.8 M) remained 3.2 million below its 50-day average volume of 9.9 M.