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Walmart just drove this stock up by 15%
WalmartWalmart(US:WMT) Finbold·2024-02-20 14:07

Some companies wield such significant influence in the stock market that their acquisitions and industry maneuvers promptly translate into positive market reactions. A recent illustration of this phenomenon is Nvidia’s (NASDAQ: NVDA) investment in Nano-X Imaging, which triggered a surge of 50% in its stock price at one juncture.Now Walmart (NYSE: WMT) has just confirmed the acquisition of Vizio Holding Corp (NYSE: VZIO), which made its stock surge by more than 15% in the pre-market trading.VIZIO stock was a ...