Walmart's plunge sinks retailers, breaking streak for stocks
The biggest drop in Walmart’s stock in 30 years and losses in other sectors pulled U.S. indexes lower Tuesday, snapping a six-day winning streak.
February 21, 2018
The biggest drop in Walmart’s stock in 30 years and losses in other sectors pulled U.S. indexes lower Tuesday, snapping a six-day winning streak.
The losses deepened in the last hour of trading into a broad sell-off that erased early gains led by technology companies.
Walmart plunged 10 percent after reporting weak online sales and disappointing earnings. Grocery store operators, retailers, health...
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