March 2, 2023

Walmart Inc. stock falls Wednesday, underperforms market

Shares of Walmart Inc.
WMT,
-1.39%
slid 1.39% to $140.15 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.02%
rising 0.02% to 32,661.84 and the S&P 500 Index
SPX,
-0.47%
falling 0.47% to 3,951.39. Walmart Inc. closed $20.62 below its 52-week high ($160.77), which the company achieved on April 21st.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Amazon.com Inc.
AMZN,
-2.19%
fell 2.19% to $92.17. Trading volume (4.7 M) remained 1.0 million below its 50-day average volume of 5.7 M.

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