Walmart Stock Plunges, Target Downgrades
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Why Walmart Stock Slumped by 3% on Wednesday

68% Informative
Walmart ( NYSE : WMT ) stock was guilty by association in the eyes of the market.
A top investment bank published a downbeat research note on a major peer in the retail world, and the bearishness spread to Walmart 's stock.
Overall, few investors were enthusiastic about any stocks, as Walmart 's decline was only slightly steeper than the S&P 500's 2.2% dip.
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