There have been some peculiar price movements in individual issues over the last few weeks, instigated by either earnings, forward guidance or corporate news. Perhaps the one with the most puzzling is Walmart Inc (NYSE:WMT), which is the PreMarket Prep Stock of the Day.
Head For The Hills: After the close Monday, July 25, Wal-Mart dropped a bomb on shareholders with a rare in-quarter announcement. That was lower guidance, not only for the second quarter, but for all of fiscal 2023.
