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Walmart stock falls over 8% after rare quarterly sales miss
Walmart shares dropped roughly 8% after cautious guidance and signs of lower-income consumer stress overshadowed strong revenue and e-commerce
Walmart shares dropped roughly 8% after cautious guidance and signs of lower-income consumer stress overshadowed strong revenue and e-commerce
Walmart shares fell 8% despite strong second-quarter results, with revenue rising 5.9%, e-commerce sales jumping 23% and operating income increasing 28.8%. Investors focused on…
By Nora Redmond and Bill Peters
