The Economic Times

WMT stock tumbles despite record holiday sales as Walmarts forecast falls short of expectations - what investors need to know

WMT stock drops after Walmart earnings: Walmart shares saw a dip despite a robust holiday quarter. The retail giant reported impressive revenue growth and a significant jump in online sales. However, its outlook for the next fiscal year fell slightly short of Wall Street's predictions. This cautious forecast led to the stock's decline in premarket trading.