An American retail giant showed resiliency on 20 November 2025, when all major indexes on Wall Street suffered massive losses. Walmart shares rose 6.46% mid-week after reporting strong quarterly sales and earnings. However, it also announced a transfer of its stock exchange listing to Nasdaq amid tech anxiety.
Investors' sentiment in recent days is generally negative because of growing concerns over rising AI investments by Big Tech firms. Nonetheless, Walmart expects its common shares to begin trading on the tech-heavy Nasdaq Composite Index on 9 December 2025. It will be the biggest-ever exchange transfer on record.
