Walmart to expand COVID vaccinations, boosting U.S. program

Jan. 22, 2021 11:45 AM ETWalmart Inc. (WMT)WMTBy: Carl Surran, SA News Editor10 Comments
  • Walmart (WMT +1.1%) says it will offer COVID-19 vaccinations in seven more states and other areas this week and next, expanding beyond the two states where its pharmacies are offering innoculations.
  • Walmart says it will begin providing vaccinations in Georgia, Indiana, Louisiana, Maryland, New Jersey, South Carolina, and Texas, plus Chicago and Puerto Rico.
  • The company already is vaccinating healthcare workers in New Mexico and its home state of Arkansas.
  • Alabama's health officer says the state will partner with Walmart to provide COVID vaccinations as part of a federal partnership.
  • Walmart says it expects to be able to deliver 10M-13M doses per month at full capacity, using its network of more than 5K pharmacies.
  • "Walmart's overvalued stock is likely to struggle going forward," Mott Capital Management writes in a bearish analysis published recently on Seeking Alpha.

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