The stock is now worth 10% less than it was 12 months ago today. I think it's hilarious that all those stock options the big wigs have are getting more worthless every day. If they keep making d-mb decisions this pig could get cut in half!
Funny!!!
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I would not waste too much time worrying about the price of stock. Those that have shares, grants or other stock vehicles can sit on them as long as they want (in almost all cases). Some even sell blocks of shares to intentionally take a loss. And anyway, statistics say the price of WMT will be back because this is a recurring cycle.
You might be interested to know you can see the volume of executive stock transactions easily on the yahoo finance page for the ticker.
But don’t rejoice that the price of stock is low at this instant and it will cause mass dissatisfaction and loss with large stock holders, since that will not happen.
Having said that, the little guy that has a handful of shares and just wants to liquidate them because he/she needs the money, that person might not be happy. A lot of associates buy stock through payroll deductions and they could see a loss depending on when their shares were purchased.
Go look at the history of Walmart stock and you will see, the price will be back up. It won’t take long.
@1rwy+1e7HOBeB, Walmart makes its profits largely from two things: exploiting labor and exploiting consumers. And it's never satisfied. They will cut as many jobs as they can to maximize profits. And they will use marketing, advertising, and "philanthropy" to maintain goodwill.
https://www.statista.com/statistics/683246/us-employment-projection-for-retail-industry/
$248.69 USD +96.70 (63.62%) past year to date.
As if you could afford to buy stock with inflation Biden as your president.