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Walmart Stock Plunges Despite Earnings Beat; ScanSource Soars

Walmart's stock plunged after its U.S. comparable sales growth missed expectations, despite an overall earnings beat. In contrast, ScanSource shares soared by 19% following its own earnings beat and a deal with MicroAge.

20 Aug, 12:51 — 20 Aug, 12:51
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seeking-alphaMixed1h ago

Retail and consumer staples ETFs feel the brunt of Walmart's earnings slide

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Coverage Timeline

First report: seeking-alpha · 20 Aug, 12:51Full coverage: 2 · 40mWindow: 40m
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seeking-alpha20 Aug, 12:51First to report

Retail and consumer staples ETFs feel the brunt of Walmart's earnings slide

investing-com20 Aug, 13:31Latest update

Walmart stock plunges as U.S. comp sales growth misses despite earnings beat

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