Walmart reaches $1 trillion market cap
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Walmart (WMT) stock is trading higher after hitting $1 trillion market cap on Tuesday, while Chipotle (CMG) stock is under pressure following the company's fourth quarter earnings results, reigniting questions about pricing power and consumer affordability.
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Why Walmart continues to rally while executives sell the stock
Walmart (NASDAQ: WMT) is currently defying gravity. The stock is trading near all-time highs, hovering around $118 per share, and the company is rapidly approaching a historic $1 trillion market capitalization.
There’s something different about Walmart Inc. (NASDAQ: WMT) this holiday season, and it has nothing to do with the health of the consumer. On Dec. 9, the company began publicly trading on the NASDAQ exchange. But what does this mean for an investor?
Here is a look at why companies split their stocks and why it matters. Upcoming splits worth keeping an eye on include one by Southern Copper.