2015-10-18

Amazon Disrupts Walmart, Shares In Largest Decline in 27 Years (video)


Should Investors Continue to Invest in Walmart? Walmart Chief Executive Officer Doug McMillon defended his attempt to revamp the retailer after a weak profit forecast sent the shares on their biggest decline in more than 27 years. Bloomberg's Shannon Pettypiece reports on "Bloomberg ‹GO›" October 15, 2015.

Disrupted by Amazon: Amazon's (amazon.com; NASDAQ: AMZN) $262.5 billion market cap exceeds Wal-Mart’s $190 billion market cap--Amazon surpassed Wal-Mart in market capitalization in July. Walmart has annual digital sales of about about $13 billion, and is the third-largest Internet retailer, but that is only about one-sixth of Amazon’s total. Also, Walmart’s digital sales growth has slowed.

Recent headlines:

Below--the one-year Walmart stock chart--
Walmart One-year Stock Chart
Walmart One-year Stock Chart (source: google.co)
Wal-Mart Stores, Inc., d.b.a. Walmart is an American multinational retail corporation that operates a chain of discount department stores and warehouse stores. (source: Wikipedia)

Principal domain name: walmart.com

Walmart Investor Relations: (watch the Replay of  the Walmart 22nd Annual Meeting for the Investment Community Wed., Oct. 14, 2015) here.

Stock exchange and symbol: NYSE: WMT




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