3 Years Ago
2 Min Read
WMT dropping -8% today. The primary reasons:
Wal-Mart Stores (WMT) is trading -8% lower at $121.25 today.
- Cut guidance for the second quarter and full fiscal year
- Cited inventory levels at Walmart and Sam's Club in the U.S. and mix of sales
- 7.5% net sales growth expected for Q2 and 4.5% full-year growth
- Operating income expected to decline 13%-14% in Q2 and 11%-13% for the full year
Wal-Mart Stores has been trading between a 52-week high of $160.19 and a 52-week low of $117.27. The stock has a market cap of $332 Billion.
Walmart Inc. helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 265 million customers and members visit approximately 11,400 stores under 55 banners in 26 countries and eCommerce websites.
Walmart Inc. helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 265 million customers and members visit approximately 11,400 stores under 55 banners in 26 countries and eCommerce websites.
Headlines
Why Shares Of Walmart Are Plummeting Today
Benzinga 07-26-22
What really surprised Wall Street about Walmart''s earnings warning
CNBC 07-26-22
Walmart PT Lowered to $152 at MKM Partners
Investing.com 07-26-22
Walmart Warning Likely To Weigh On Wall Street
RTT News 07-26-22
Walmart PT Lowered to $150 at Jefferies
Investing.com 07-26-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
silas_p_silas - 55 upvotes - source
I’m going to WMT tonight to thank them for their service 🫡 might take one of their fat people scooters for a lap around the lot and do some burnouts
freehouse_throwaway - 51 upvotes - source
Lol that volume of WMT 130p weeklies 30 mins before close Yeah nothing sus at all
Chance_Island2704 - 48 upvotes - source
Even CNBC is talking about the insider trading on WMT. Someone is going to jail.
silas_p_silas - 44 upvotes - source
Damn salute to WMT put buyers. Low ass IV that’s gonna be a huge bag
Mr_Clark_SD - 29 upvotes - source
Biden: I dont think we have a problem. 10 seconds later… WMT: hold my beer
mathboom123 - 29 upvotes - source
The reason WMT dropping is cause I've been eating 🍇 but not paying them during my visit
Apprehensive-Box-107 - 29 upvotes - source
I just stopped shopping at Walmart and started shopping at local Mexican supermarket. Is that the reason WMT crashed?
31andnotdone - 28 upvotes - source
wmt 121p 0.05 gonna be 30 baggers 
Jainaisbomb - 28 upvotes - source
In case you were wondering if insider trading exists, there were 13,000 WMT 130 puts traded today around $0.70 that expire Friday. They are now worth about $10.00. All other strikes have meaningless volume today.
njcuban123 - 25 upvotes - source
Homebuilders: "Not worried a bit about demand" WMT: "People can't even afford to buy here" Homebuilders: 
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