Walmart Falls, Coty Tumbles, CoreWeave Rises After Rating Upgrade
On this episode of Stock Movers:- Walmart (WMT) shares fell after its' profit missed expectations for the first time in three years, due to a rise in insurance claims, legal charges and restructuring costs. Walmart raised its full-year sales guidance, with Chief Financial Officer John David Rainey saying "the consumer is resilient" and that the company continues to gain market share across all income levels.- Coty (COTY) shares tumble in biggest intraday drop since March 2020, after the personal care products company forecast steep sales declines and reported a wider-than-expected loss for…
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