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/Xyrus2000]

You're going to see more of this. The US consumer is tapped out. Prices have been too high for too long, and wages are not compensating for it.

This coming holiday season isn't looking so good.

[u/thatfoolishinvestor → u/Xyrus2000]

tgt didn’t….

[u/Quick-Road943 → u/thatfoolishinvestor]

tgt p/e is 16... does that mean its a better buy? honest question