Walmart stock tumbles 9% after outlook disappoints Wall Street

2 months ago by MicroWave to c/economics

reddig33 6 points 2 months ago

“posted quarterly sales that beat Wall Street estimates and raised its outlook for the year, as it saw another strong quarter of e-commerce growth and benefited from tariff refunds.”

Walmart: We made lots of money and expect to make lots more!

Wallstreet: Not good enough. Stock go down!

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economics

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