Walmart (NASDAQ:WMT) stock slips as price-cut claim tests $140 forecast gap
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Walmart's stock has slipped as the company cuts prices, which may impact its forecast. The price cuts appear to be part of a competitive strategy, with Walmart and its subsidiary Sam's Club seeking to gain an advantage over other retailers such as Kroger and Costco. The impact of these moves on Walmart's valuation, which has been reported at different levels, remains to be seen.
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