Retail News

Walmart stock price today: WMT jumps nearly 3% as BofA backs the retail giant again

Walmart stock price today: WMT jumps nearly 3% as BofA backs the retail giant again

Walmart shares rose 2.8% to $127.95 Friday, bucking a broader market decline after Bank of America reinstated a buy rating and highlighted gains with higher-income shoppers. The move followed Walmart’s $100 million FTC settlement over alleged Spark Driver pay misrepresentations. Walton Family Holdings Trust sold over 1.2 million shares earlier in the week. Walmart reports earnings again on May 14.
February 27, 2026