Wal-Mart's Q4 Report: Sell the Numbers?

Filed under: Earnings Reports, Wal-Mart (WMT)

Wal-Mart Stores, Inc. (WMT) is certainly the biggest icon in the retail industry. It doesn't seem like such a big name today, though. With a few minutes left until the closing bell sounds, I see a quote of $53.64 for the stock, a price that represents a decline of over 3%. And the volume backing this move is very high, my friends.



The major indexes were volatile today, so that obviously played into the sell-off. However, the fourth-quarter report also gave investors some cause for concern. According to the press release, adjusted income from continuing businesses came in at $1.34 per share. This compares to an adjusted $1.21 per share in the year-ago period.

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Wal-Mart's Q4 Report: Sell the Numbers? originally appeared on BloggingStocks on Tue, 22 Feb 2011 17:30:00 EST. Please see our terms for use of feeds.

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