Walmart, shoplifter and Ohio police officer
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In a bid to appear more technology-forward than its competitors, the retail giant will trade on the same exchange as the Magnificent 7. It’s a historic day for both Walmart and the Nasdaq. Today, America’s largest brick-and-mortar retailer begins trading on the Nasdaq after its shares spent over half a century on the New York Stock Exchange (NYSE).
Walmart could receive an additional $20 billion in investment by joining the Nasdaq’s QQQ index.
It’s a race to the finish. Despite concerns that a K-shaped economy could derail holiday spending, Americans are on pace to set yet another record for spending through Christmas, providing a windfall for retailers such as Walmart, Target, and Amazon.