Walmart stock ends higher after pharmacy pay move; WMT earnings date in focus
Walmart shares rose 0.7% to $117.41 Thursday after the company raised pharmacy wages and promoted 3,000 staff to team leads. The retailer expanded technician pay to as high as $40.50 an hour as it shifts more prescription work to automated centers. Investors await Walmart’s Feb. 19 results for updates on costs and demand. U.S. stocks ended mixed, with the S&P 500 down 0.1%.