Walmart Inc. stock rises Thursday, still underperforms market

Walmart Inc. stock rises Thursday, still underperforms market

Shares of Walmart Inc. WMT, +1.28% advanced 1.28% to $156.21 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +2.47% rising 2.47% to 4,287.50 and the Dow Jones Industrial Average DJIA, +1.85% rising 1.85% to 33,916.39. The stock’s rise snapped a two-day losing streak. Walmart Inc. closed $4.56 short of its 52-week high ($160.77), which the company reached on April 21st.

The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc. AMZN, +4.65% rose 4.65% to $2,891.93, Costco Wholesale Corp. COST, +1.59% rose 1.59% to $562.00, and Target Corp. TGT, +2.35% rose 2.35% to $236.39. Trading volume (5.0 M) remained 3.1 million below its 50-day average volume of 8.1 M.

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