Why Walmart Stock Is Sinking Today
Shares of Walmart (WMT -6.62%) are falling on Thursday. The company's stock fell 6.3% as of noon ET. This comes as the S&P 500 (^GSPC -0.67%) lost 0.8% and the Nasdaq Composite (^IXIC -0.67%) lost 0.8%.The retail giant reported earnings before the market opened on Thursday. While the company delivered a strong quarter, weak guidance concerned investors.The holiday season was solidWalmart posted Q4 earnings per share (EPS) of 180.55 billion. The numbers came in slightly ahead of analyst es ...