Watch These Walmart Price Levels After Stock Surges to Record High
Walmart(WMT) Investopedia·2024-08-16 03:17
Key TakeawaysWalmart shares surged Thursday after the company reported second-quarter earnings that topped expectations and lifted its full-year outlook, as cost-conscious consumers turned to the discounter retailer for purchasing essential items.The share price set a record close Thursday on the highest trading volume since mid May, suggesting active participation by institutional investors.A bars pattern, which takes the stock’s trending move from early May to mid-July and positions it from this month's l ...