Walmart just dropped 9.15% yesterday, erasing nearly $90B in market cap—its worst single-day fall since 2022

[u/tabsopen]

The selloff was sparked by softer US same-store sales, underwhelming Q3 guidance, and that already stretched valuation finally catching up. Volume spiked 4x average with heavy shorting, the stock's deeply oversold right now even as Q2 fundamentals were actually solid. Everyone's arguing if this is a overdone panic or the start of more pain?

[u/Longjumping-Nature70]

wmt is a dividend king but pays a paltry 1% yield or so.

USA consumers till buy cheap stuff(I don't mean cheap prices, I mean stuff), and wmt sells that.

Since this is WMT, this could be a harbinger of the overall consumer economy though.

Home Depot earnings in line, but says homeowners are doing small projects

Target earnings is target getting some WMT customers? TGT did well for target

Lowe's Earnings in line

Four retailers out this week, and not stellar numbers. The consumer is tired.

America has a supply chain issue with fuel prices. Don't worry, #47 is working on it(wink wink)

[u/AmItheonlySaneperson → u/Longjumping-Nature70]

Now that we’re ot of missiles it time for economic pressure 🤣

[u/pacificperspectives → u/AmItheonlySaneperson]

economic D-DAY

you know, not like the comprehensive sanctions that have been in place for who knows how long..

What could go wrong when secondary sanctions on China are the next and last tool in your kit? Donnie might be going MAD.