Tariff Turmoil: Is Walmart's Stock Set to Slide?
Walmart (NYSE: WMT) easily beat Wall Street's first-quarter earnings estimates. But it didn't matter. The big story in the world's largest retailer's Q1 update was the impact of the Trump administration's tariffs. And that story wasn't great for investors or American consumers.Walmart is usually viewed as a stock that's resilient during times of economic uncertainty. However, the tariff turmoil raises the question: Is Walmart's share price set to slide? Image source: Walmart.Continue reading
Walmart (NYSE: WMT) easily beat Wall Street's first-quarter earnings estimates. But it didn't matter. The big story in the world's largest retailer's Q1 update was the impact of the Trump administration's tariffs. And that story wasn't great for investors or American consumers.
Walmart is usually viewed as a stock that's resilient during times of economic uncertainty. However, the tariff turmoil raises the question: Is Walmart's share price set to slide?
Image source: Walmart.
