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Walmart Stock Has Dropped Since Earnings. Could It Keep Falling?
Walmart stock has generally fallen since May.Credit: Smith Collection / Gado / Getty ImagesKey TakeawaysWalmart shares have dropped 4% in August through Monday’s close and continue to decline after a disappointing outlook. Wall Street analysts are broadly positive on the shares, but some think they aren’t done dropping.August hasn’t been kind to Walmart investors. The retail giant’s stock has fallen 4% this month through Monday’s close, and it’s off another 1.5% so far today, extending losses that accelerated last week after Walmart (WMT) turned in a third-quarter financial outlook that…
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