Walmart stock hits $1 trillion market cap — the next test is Feb. 19 earnings
Walmart’s market value topped $1 trillion Tuesday after shares rose nearly 3% in after-hours trading, closing at $127.71. John R. Furner took over as CEO on Feb. 1. The company’s stock trades at about 42.8 times projected earnings, drawing scrutiny from analysts. Walmart will report quarterly results on Feb. 19.