Walmart Joins Target In Sending Out Not-So-Merry-And-Bright Holiday Vibes

After Target Corporation (NYSE: TGT) posted a significant earnings gain but also left out the ‘drum rolls’ from its holiday quarter outlook, Walmart Inc (NYSE: WMT) also topped third quarter earnings and revenue estimates along with giving out a cautious guidance. Upon the report, Walmart shares tanked more than 7% during morning trading despite the retail giant making money in new ways such as through selling ads and its Walmart+ membership with which it is challenging no other than the e-commerce titan, Amazon.com Inc (NASDAQ: AMZN). Third Quarter HighlightsFor the quarter that ended on Octo…

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