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Walmart Joins $1 Trillion Club as Tech, Frugal Shoppers Fuel Gains [Yahoo! Finance Canada]
Last walmart inc. earnings: 2/18 06:00 am
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US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
(Bloomberg) -- A rally in Walmart Inc. shares pushed its market capitalization past $1 trillion on Tuesday for the first time ever, vaulting the world's largest retailer into a category typically occupied by Big Tech firms such as Nvidia Corp. and Alphabet Inc. The stock rose 2.9% to close at an all-time high of $127.71 per share. The jump added roughly $29.1 billion in value, giving the company a market capitalization of just above $1 trillion, according to data compiled by Bloomberg. The shares are up this year, outpacing the S&P 500 Index's advance. Most Read from Bloomberg The Bentonville, Arkansas-based chain — a longtime favorite of bargain-hunting consumers — has flexed its massive scale and supplier network to keep prices low and grab market share across the income spectrum. While Walmart has maintained its appeal to households looking for value, its online offerings are drawing new, wealthier shoppers seeking convenience. “It's been a massive digital transformation t
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- Why Walmart, Verizon, Altria, and Other Safe Dividend Stocks Jumped Today [Yahoo! Finance][Yahoo! Finance]
- Walmart just hit a historic Wall Street milestone. Here's how it got there [Yahoo! Finance][Yahoo! Finance]
- Walmart cracks into the $1 trillion club [Business Insider][Business Insider]
- Walmart (NASDAQ:WMT) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc..[MarketBeat]
- Walmart Made it Into the Exclusive $1 Trillion Club. Here Are the Other Members [Yahoo! Finance][Yahoo! Finance]
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