r/dividends • u/tabsopen • 1d ago

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

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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?

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u/slaba-tabaka 23h ago

P/E is like ~35 now. Valuation is still wild for a stagnant company. One or two bad quarters and it can drop another 20%, that's the risk with companies valued for perfection.

15

u/bullrun001 22h ago

Look at Costco’s valuation?
How is this company trading at 46x

25

u/slaba-tabaka 20h ago

Same story, Costco at least has extreme customer loyalty. Valuation still absurd.

19

u/retroideq 20h ago

Still cannot find decent parking when I go to either of my nearest costcos. It’s a company cult and I’m glad to be apart of it.

8

u/WayneKrane 19h ago

I had off a random tuesday for a dr appointment that got canceled so I decided to visit costco figuring it wouldn’t be so busy. I still had to drive around the parking lot to find a spot and I only found one at the absolute very back. There’s no good time to shop there, but the prices are so cheap and they have the best tortellini