Walmart, shoplifter and Ohio police officer
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In a bid to appear more technology-forward than its competitors, the retail giant will trade on the same exchange as the Magnificent 7. It’s a historic day for both Walmart and the Nasdaq. Today, America’s largest brick-and-mortar retailer begins trading on the Nasdaq after its shares spent over half a century on the New York Stock Exchange (NYSE).
Walmart could receive an additional $20 billion in investment by joining the Nasdaq’s QQQ index.
Walmart stock faces valuation pressure as growth slows. Analysts warn downside risk despite strong fundamentals and e-commerce gains.
It’s a race to the finish. Despite concerns that a K-shaped economy could derail holiday spending, Americans are on pace to set yet another record for spending through Christmas, providing a windfall for retailers such as Walmart, Target, and Amazon.
Both companies provide stability and reliability, but one's growth trajectory is more appealing than the other's.
Walmart said it is adding six stores in the metro Atlanta area to its drone delivery service. It is already available in the Dallas, Texas, and Bentonville, Arkansas, areas. These stores are participating in drone delivery in the metro Atlanta area: