Walmart to close its 51 health centers, virtual care service [Yahoo! Finance]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
stock.walmart.com/investors/default.aspx
Company Research
Source: Yahoo! Finance
Walmart, which launched its health centers five years ago, said Tuesday that it's learned through managing the health centers and virtual service that “there is not a sustainable business model for us to continue.” Walmart had 51 health centers in five states, with the goal of helping people save money on their health care needs. The Bentonville, Arkansas-based company opened its first health center in 2019. “This is a difficult decision, and like others, the challenging reimbursement environment and escalating operating costs create a lack of profitability that make the care business unsustainable for us at this time,” the company said in a statement. The realization of the unsustainable business model comes after Walmart announced in March 2023 that it planned to add more than two dozen health centers to some of its stores this year. At the time, the company said that it was looking to open 28 centers in 2024, mostly in Dallas and Houston. It also was planning to expand into
Show less
Read more
Impact Snapshot
Event Time:
WMT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WMT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WMT alerts
High impacting Walmart Inc. news events
Weekly update
A roundup of the hottest topics
WMT
News
- Walmart's (WMT) Expansion of Walmart Luminate to Fuel Growth [Yahoo! Finance]Yahoo! Finance
- Walmart Inc. (NYSE: WMT) had its price target raised by analysts at Barclays PLC from $60.00 to $66.00. They now have an "overweight" rating on the stock.MarketBeat
- Stock Market News for May 20, 2024 [Yahoo! Finance]Yahoo! Finance
- iPower's SuperSuite Supply Chain Business Celebrates a Year of Transformative Growth [Yahoo! Finance]Yahoo! Finance
- Walmart Inc. (NYSE: WMT) had its price target raised by analysts at Evercore ISI from $67.00 to $70.00. They now have an "outperform" rating on the stock.MarketBeat
WMT
Earnings
- 5/16/24 - Beat
WMT
Sec Filings
- 5/16/24 - Form 8-K
- 5/9/24 - Form 4
- 5/7/24 - Form PX14A6G
- WMT's page on the SEC website