Walmart Stock Dips on C-Suite Shakeup

Blue-chip retail stock Walmart Inc (NYSE:WMT) is sliding today, after reports that CEO Doug McMillon is retiring in January after more than a decade in charge. John Furner, currently CEO of Walmart U.S., will succeed him on Feb. 1. At last check, WMT was down 1.7% at $100.83. The shares earlier dipped low as $98.90, dropping below $100 that has been a floor since early September. Support at the 160-day moving average appears to be keeping today's pullback in check as well. Though the stock has fallen a bit ...