StockWatch: Walmart’s Biggest Intraday Drop Since May!

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Walmart shares suffered their biggest intraday drop since May after high labor and supply chain costs ate into quarterly margins.

This came as the world’s biggest retailer raised its annual sales and profit forecast as the stock dropped over 2%.

Vodafone increased its free cash flow forecast after it reported better-than-expected growth in earnings.

The share price, which has fallen by 15% since the start of its financial year, rose as much as 6%.

Timestamps:

  • WMT 02:00
  • VOD 03:20

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