Walmart stock slips as exec lines up share sale while Nasdaq-100 entry nears
Walmart shares closed down 0.3% at $120.04 after a Form 144 filing showed executive Donna Morris plans to sell 9,384 shares worth about $1.13 million. RBC raised its price target to $126, citing Walmart’s AI initiatives. Investors are watching for Walmart’s inclusion in the Nasdaq-100 on Jan. 20 and its Feb. 19 earnings report.