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 of $112.19.