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Shares of Walmart Inc. (WMT) advanced 1.65% to $133.11 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.97% to 3,719.04 and the Dow Jones Industrial Average rising 1.88% to 29,683.74. Walmart Inc. closed $27.66 short of its 52-week high ($160.77), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) rose 3.15% to $118.01, Costco Wholesale Corp. (COST) rose 2.09% to $488.29, and Target Corp. (TGT) rose 4.98% to $155.87. Trading volume (5.6 M) remained 2.9 million below its 50-day average volume of 8.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 28, 2022.
(END) Dow Jones Newswires
September 28, 2022 17:30 ET (21:30 GMT)
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