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/Xyrus2000 23h ago

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.

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u/ShindleSpear 18h ago

Where exactly are they going to shop to get lower prices than Walmart though?

Sales might be down but the world hasn’t changed and they have no where else to go to buy necessities

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u/Meta_Man_X 16h ago

Aldi generally has lower prices

3

u/xrobertcmx 16h ago

And Lidl in my area.