Wal-Mart slips on concern about outlook

Tue May 13, 2008 7:31am EDT
 
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NEW YORK (Reuters) - Wal-Mart (WMT.N) 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)

 

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