Skip to main content

Market Overview

Why Walmart Stock Is Trading Higher Today

Why Walmart Stock Is Trading Higher Today

Walmart Inc (NYSE: WMT) shares are trading higher on a report the company's Amazon Prime competitor will launch in July.

Walmart's new subscription service reportedly costs $98 a year and will be called Walmart+. Some of the benefits are expected to be same-day grocery deliveries and other items, fuel discounts at Walmart gas stations and early access to product deals, according to Recode.

America's largest retailer by sales, Walmart operates over 11,500 stores under 56 banners, selling a variety of general merchandise and grocery items. In the United States, around 56% of sales come from grocery, 34% from general merchandise, and 10% from health and wellness items.

Walmart's stock was trading 4.38% higher at $123.98 at the time of publication on Tuesday. The stock has a 52-week high of $133.38 and a 52-week low of $102.


Related Articles (AMZN + WMT)

View Comments and Join the Discussion!

Posted-In: Amazon Prime why it's movingNews Movers Trading Ideas Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at