Walmart stock price jumps after hours as money rotates to “defensive” names ahead of earnings (WMT)
Walmart shares jumped 3.3% to $131.18 in after-hours trading Friday as investors rotated out of tech and into defensive stocks, according to Goldman Sachs. The move comes ahead of Walmart’s fiscal Q4 earnings report set for Feb. 19. About 26.6 million shares changed hands during the session.