Walmart's 10% Plunge Weighs on All Three Major Indexes
Walmart beat on earnings and raised guidance, then fell 10%. Here's what the market didn't like in this bellwether report.
Overview
Wall Street is still on edge as the third earnings season of 2026 winds down. Walmart (NASDAQ: WMT) beat on revenue, beat on earnings, and raised its full-year guidance. The stock promptly fell about 10%. Welcome to earnings season in 2026, where beating the numbers doesn't seem to be the point these days.
The S&P 500 (SNPINDEX: ^GSPC) is down 0.29% as of 11:44 a.m. ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) has fallen 0.64%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) is off 0.80%. Twenty of the Dow's 30 components are lower.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.