- Jun 23, 2019
- 17,066
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Walmart over the last 2 weeks has received zero backlash from the right wing culture warriors and as a result has lost $18B dollars in market value. That's right. Being not woke has cost them $8B since Target only lost $10B during that same time. Companies are responding everywhere by offering up woke merchandise and ads as a result of Walmart's $8B misstep. Disney investors dodged a bullet this month by releasing a woke Little Mermaid to huge release... they can only wonder how they would have responded to Walmarts financial mistake.
For those bad at math... Stock was $153 and the company was worth $413B two weeks ago. After a fine earnings release their stock dropped to $394 so the company is now only worth $394B in market value, $18B less than two weeks ago. Poor unWoke Walmart.
For those bad at math... Stock was $153 and the company was worth $413B two weeks ago. After a fine earnings release their stock dropped to $394 so the company is now only worth $394B in market value, $18B less than two weeks ago. Poor unWoke Walmart.
Retail: Costco earnings miss, Walmart's shareholder meeting expectations
Yahoo Finance food reporter Brooke DiPalma details the biggest takeaways from Costco's recent earnings miss and what to expect from Walmart's annual shareholders meeting, including the chain's unveiling of its first-ever market fulfillment center in Arkansas.
finance.yahoo.com