Broker Center sponsored links

Wal-Mart slips on concern about outlook

Tue May 13, 2008 7:31am EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

NEW YORK (Reuters) - Wal-Mart (WMT.N: Quote, Profile, Research, Stock Buzz) shares fell nearly 3 percent before the bell on Tuesday after the retailing bellwether's outlook signaled that its second-quarter earnings per share may trail Wall Street's current expectations.

In brisk trading before the opening bell, the stock was down $1.52 at $56.50 after closing Monday at $58.02. Year to date, the stock is up 22 percent and is the best performing component of the blue chip Dow Jones industrial average .DJI.

(Editing by Theodore d'Afflisio)

 
Photo

Featured Broker sponsored link

Editor's Choice

Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters