Walmart shares recovered from a 4% weekly drop as technical signals outweighed concerns over slowing sales and tariff risks.
Walmart (WMT) shares rose 2.78% to $111.85 Thursday, reversing a week-long decline driven by slowing comparable sales and tariff-related headwinds. The stock had fallen nearly 4% over the past five sessions, dropping from around $122 to a low near $107.
The pullback followed weaker-than-expected sales growth and broader retail sector pressures. Analysts had flagged tariff impacts as a key risk, though technical indicators suggested potential support at current levels.
The rebound left WMT trading above its recent lows, though fundamentals remain under scrutiny amid ongoing macroeconomic uncertainties.