Why Walmart Stock Is Soaring Today Despite Stock Market Uncertainty

Shares of Walmart (WMT 10.00%) are climbing on Wednesday. The retail giant's stock gained 7% as of 1:15 p.m. ET. The rise comes as the S&P 500 (^GSPC 7.03%) and the Nasdaq Composite (^IXIC 8.70%) continued to see heightened volatility.Walmart announced today that it was lowering income expectations for the current quarter. Despite the lowered target, investors appeared to focus on the fact the company reaffirmed its top-line guidance.Investors were unfazedWalmart adjusted its first-quarter outlook for opera ...