Wal-Mart falls after Target cuts profit guidance

|By:, SA News Editor

Shares of Wal-Mart (NYSE:WMT) are down 1.64% in premarket action after Target lowered guidance.

Weak store traffic during the holiday months led to the EPS cut by Target.

Wal-Mart was up almost 2% yesterday after the Trump focus swung its way.

Previously: Retail stocks rally after strong USD teed up by Trump (Jan. 17)

Previously: Target lowers holiday quarter guidance (Jan. 18)

Subscribe for full text news in your inbox