Walmart Slumps, Boeing Jumps, Palantir Down as Losing Streak Continues
On this episode of Stock Movers:- Walmart (WMT) shares fell after it's 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.- Boeing (BA) shares jump as the company is heading closer toward finalizing a deal with China to sell as many as 500 aircraft, according to people familiar with the matter. It's a…
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