Walmart (WMT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this world's largest retailer have returned +6.6% over the past month versus the Zacks S&P 500 composite's +5.6% change. The Zacks Retail - Supermarkets industry, to which Walmart belongs, has gained 7.5% over this period. Now the key question is: Where could the stock be headed in the near ter ...

Walmart Inc (NYSE:WMT) faces legal challenges from rapper Snoop Dogg over alleged collusion with Post Consumer Brands in sabotaging his entry into the breakfast cereal market, Snoop Cereal. A lawsuit from Snoop and fellow hip-hop veteran and businessman Master P was filed on Tuesday, accusing the "diabolical actions" aimed at ousting Broadus Foods, dubbed the first Black-owned cereal company in the US, from competitive standing. According to the plaintiffs, Post Consumer Brands, after a failed buyout attemp ...

Investors have gotten excited about Walmart's (WMT -0.54%) planned 3-for-1 stock split at the end of this month. When companies split their shares, it's usually an indication that management feels the company is in a growth phase. Stock-split stocks are usually industry leaders with proven track records, and there's some data to support the idea that stock-split stocks perform well over time. Stock splits themselves don't do anything for stocks other than split them into smaller pieces.However, something el ...

The most recent trading session ended with Walmart (WMT) standing at $168.66, reflecting a -0.54% shift from the previouse trading day's closing. This move lagged the S&P 500's daily loss of 0.32%. Elsewhere, the Dow lost 0.71%, while the tech-heavy Nasdaq lost 0.2%.Coming into today, shares of the world's largest retailer had gained 8.21% in the past month. In that same time, the Retail-Wholesale sector gained 5.56%, while the S&P 500 gained 4.59%.The investment community will be closely monitoring the per ...

Walmart (WMT -0.25%) won't report earnings until just before the market opens on Feb. 20. But the retail giant just made a splash with two press releases.The first release, announced on Jan. 30, declares a 3-for-1 stock split, the company's first since 1999. The second announcement, which came on Jan. 31, details the addition of more stores and the remodeling of existing ones.Let's dive into these two announcements, and what happened the last time Walmart split its stock. Let's also look at whether the divi ...

Walmart made two moves last week that will make it easier for employees to own company shares.Managers will receive annual stock grants of up to $20,000 and the company announced a 3:1 stock split.Walmart CEO said these moves make it more accessible for store associates to purchase shares. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while ...

Walmart (NYSE:WMT), America’s largest retailer by revenue, is in the spotlight after the company announced that it would enact a 3-for-1 stock split. Shareholders of record as of the market close on Feb. 22 will receive two additional shares for each share held after the market close on Feb. 23. Afterwards, WMT stock will begin trading on a split-adjusted basis beginning on Feb. 26. This marks the company’s first stock split since 1999.“Sam Walton believed it was important to keep our share price in a range ...

Walmart will build, convert or remodel hundreds of stores over the next five years.The retail giant announced in a Wednesday (Jan. 31) press release plans to modernize and expand what U.S. CEO John Furner called “the facilities most core to our business: our stores.”That means building or converting more than 150 stores while remodeling 650 more, “creating tens of thousands of jobs supporting these projects,” Furner said in the release, noting that is in addition to the hundreds of jobs that result from the ...

Consumers are used to "every day low prices" from retail chain Walmart (WMT 0.41%). Now investors will get a taste of lower prices for Walmart stock as well.On Jan. 30, Walmart announced that it will conduct a 3-for-1 stock split after the market closes on Feb. 23. This means that for every share investors own on Feb. 22, they will receive two additional shares after the split is complete.For those with less experience in the stock market, this might sound like a sure-fire way to triple your money. However, ...

Walmart, the largest retailer in the world, plans to open 150 new stores, including converting some smaller locations into supercenters, over the next five years, the company said Wednesday.Over the next 12 months, the Bentonville, Ark.-based retailer said it will also remodel 650 stores with “improved layouts” as part of a $500 million investment announced last year to modernize the big-box chain’s 4,700 US outposts.Walmart’s investment in brick-and-mortar locations marks a pivot after the company began s ...