Retailer Walmart is seeing its stock drop today as the company’s outlook disappointed investors.
Walmart Outlook Sinks Stock
The company plans on opening fewer new stores and focusing more on their e-commerce. While some of their ideas for e-commerce may draw in investors, such as their declining purchase cost depending on payment method, product quantity, whether it will be final sale, etc., it is an unknown entity that looks like it could cut into Walmart revenue numbers and investors hate uncertainty.
The company also announced they see a flat sales outlook for 2017 and a 5% increase in sales for 2018. All of this has the world’s largest retailer shares falling this morning, down to $68.89 which has set up a couple of trades.
The rest of this article is a trade alert and strategy discussion on how to profit from today’s drop in Walmart Stock………The rest of this Walmart Stock article is for FullyInformed Members.
Trade Alerts As Walmart Stock Drops – Oct 6 2016
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