Walmart stock jumps on upbeat Q2 results

Walmart Inc. (WMT) slipped to a loss in the second quarter from a profit last year, due to loss from the sale of majority stake in Walmart Brazil and unrealized losses on equity investment in JD.com (JD). The top and bottom line exceeded analysts’ expectations as the company’s efforts to revive its e-commerce business generated … Continue reading Walmart stock jumps on upbeat Q2 results