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Walmart Slumps 9% as Comps Decelerate Shaking Retail Sentiment

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The Story

News Summary

  • Walmart plunged 9.2% despite raising full-year outlook as U.S.
  • comparable sales growth slowed to 2.6%.
  • Weaker ticket growth and high valuation multiples triggered heavy selling, raising concerns over broader retail momentum and consumer spending strength across key market indices.
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AMZN price history

256.78 +13.48% over the displayed period

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