Walmart (WMT) Stock on December 6, 2025: Nasdaq Switch, New CEO and Holiday Momentum
Walmart shares closed at $115.11 on December 5, near record highs, giving the company a $917 billion market cap. The stock is up nearly 22% over 12 months, trading at about 40 times earnings, double the sector average. Walmart will switch its listing from NYSE to Nasdaq on December 9, marking the largest exchange transfer on record. CEO Doug McMillon will hand leadership to John Furner in early 2026.