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Walmart (WMT) Stock Surges on Earnings Beat and Nasdaq Shift

Walmart (WMT) Stock Surges on Earnings Beat and Nasdaq Shift

Author:

Global Cryptocurrency

Published:

2025-11-20 19:52:02

22

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BTCCSquare news:

Walmart's third-quarter earnings outperformed expectations, with total revenue rising 5.8% to $179.5 billion and adjusted EPS reaching $0.62. The retail giant also raised its full-year EPS guidance to $2.58-$2.63, signaling confidence ahead of the holiday season.

Shares climbed 5% following the announcement, extending WMT's 17.96% YTD gain. The stock now trades NEAR its 52-week high of $109.03. CFO John David Rainey noted strong early holiday sales, suggesting potential for further upside.

In a strategic move, Walmart will transition its listing from NYSE to Nasdaq. The market reacted strongly to the news—only the second >5% MOVE in WMT shares this year—indicating perceived significance.

By:

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