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Walmart Stock Is Hitting New Highs: What’s Driving It Higher?

Amit Singh
Walmart Stock Is Hitting New Highs: What’s Driving It Higher?

Walmart (WMT) stock is hitting new highs thanks to the continued momentum in its comparable sales and better-than-expected earnings performance in the past several quarters. Walmart stock is up 19.3% on a YTD basis and closed at $111.13 on June 21, which is a tad lower than its 52-week and all-time high