Walmart stock dips after hours as India Flipkart tax ruling and insider sale filing hit the tape
Walmart shares fell 0.7% after hours to $119.20 following India’s Supreme Court ruling that Tiger Global must pay tax on its 2018 Flipkart stake sale to Walmart. A securities filing showed Walmart officer Donna Morris planned a share sale under a pre-set trading plan. Walmart joins the Nasdaq-100 on Jan. 20. Fiscal Q4 results are due Feb. 19.