Walmart (WMT) Stock Plunges 9% Despite $2.9B Tariff Windfall as Consumer Spending Weakens
Walmart (WMT) stock dropped 9% as US comp sales grew only 2.6%. The retailer will use a $2.9B tariff refund to fund aggressive price reductions.
The post Walmart (WMT) Stock Plunges 9% Despite $2.9B Tariff Windfall as Consumer Spending Weakens appeared first on Blockonomi.
Source: Source: Blockonomi