Why Walmart’s Selloff May Be Overdone
Walmart shares slide after slower US sales growth, but Greg Melich, Evercore ISI Senior Managing Director, says the retailer still has powerful advantages. He joins Bloomberg Open Interest to explain why aggressive price cuts, fast-growing advertising revenue and Walmart’s scale could help it win market share even as consumers slow and competition with Amazon intensifies. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
