When a company as hefty and omnipresent as Walmart slips or soars, corporate America takes reacts. On Tuesday the stock sold off following a dicey earnings report. What's the next move for investors?
Stocks trade higher Wednesday, as investors continue to eye developments in the bond market ahead of the release of minutes from the Federal Reserve's meeting last month.
According to MKM Partners analyst Rob Sanderson, Amazon stock could rally to $1,750 per share.
Consumers probably gave Walmart's e-commerce wares a try, then switched back to Amazon.
Don't be so quick to say Walmart is headed down a dark path a day after its stock price plunged.