Walmart Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Walmart Inc. (WMT) inched 0.36% higher to $151.69 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. This was the stock's third consecutive day of gains. Walmart Inc. closed $9.08 short of its 52-week high ($160.77), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) rose 0.80% to $93.20, Costco Wholesale Corp. (COST) rose 1.64% to $531.95, and Target Corp. (TGT) fell 0.10% to $157.86. Trading volume (5.6 M) remained 972,914 below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 17:31 ET (22:31 GMT)
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