Wednesday, June 3, 2026Aggregating 2,418 sources · Updated 38 seconds agoNYC 54° · LON 47° · TOK 61°
Front PageBusinessTHE STREET
Business

Morgan Stanley resets Walmart forecast on high inflation

THE STREET·May 24 ago·3 min read
Photograph via The Street
RSS SUMMARY · AGGREGATED FROM THE STREET

Walmart (WMT) had a rough Thursday. The stock dropped roughly 7.3% on May 21, 2026, closing at $121.34 after a cautious second-quarter outlook overshadowed otherwise solid first-quarter results, CNBC reports. The selloff dragged shares more than 10% below their 52-week high, but Morgan Stanley …

Walmart (WMT) had a rough Thursday. The stock dropped roughly 7.3% on May 21, 2026, closing at $121.34 after a cautious second-quarter outlook overshadowed otherwise solid first-quarter results, CNBC reports. The selloff dragged shares more than 10% below their 52-week high, but Morgan Stanley …

Walmart (WMT) had a rough Thursday. The stock dropped roughly 7.3% on May 21, 2026, closing at $121.34 after a cautious second-quarter outlook overshadowed otherwise solid first-quarter results, CNBC reports. The selloff dragged shares more than 10% below their 52-week high, but Morgan Stanley …

Continue Reading

The full story continues on The Street.

Story Sentry shows a short summary aggregated via RSS. The complete article — original photography, charts, and reporting — lives with the publisher.