Walmart (WMT) to Discontinue Jet.com
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Get Alerts WMT Hot Sheet
Price: $129.17 +3.45%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: +4.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: +4.3%
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Walmart (NYSE: WMT) said due to continued strength of the Walmart.com brand, the company will discontinue Jet.com. The acquisition of Jet.com nearly four years ago was critical to accelerating our omni strategy.
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