You know when a stock makes Drudge as “warning” it is certainly the Biggest Buzz of the day. Here we see WalMart (NYSE: WMT) atop the infamous Drudge Report.
Okay, let’s see how this Buzz is striking investors:
We start with some of the news outlets:
BREAKING: Wal-Mart CFO says board has authorized a new $20B share repurchase plan. • $WMT pic.twitter.com/BV1m8F2uYe
— CNBC Now (@CNBCnow) October 14, 2015
No surprise. Stated (posted) for years now, $COST will far outperform… $WMT They’ve had nothing going for them for quite some time now.
— Scott Smith (@livetradepro) October 14, 2015
.@Walmart is shaving 40 points of the Dow as shares fall the most in 17 years. $WMT pic.twitter.com/eUnjWfnTG3
— FOX Business (@FoxBusiness) October 14, 2015
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Now Let’s Look at Individuals Commenting on WMT:
Carolyn drops the ticker for NetFlix: .
IF $WMT plunge has left you down on the week, not the time to go buy $NFLX calls to make it up though, IMHO.
— Carolyn Marshall (@kiwitrader24) October 14, 2015
Duff’s take:
I hope the #NDP takes a good hard look at what’s happening to $WMT today in terms of what happens when you raise wages.
— Duff (@brokerduff) October 14, 2015
A Starving Artist favors the CEO action:
I think the CEO of $WMT did it right. crush the stock THEN do a huge buyback. Brilliant!
— Starving Artist (@blerghhh) October 14, 2015
SnapVest is right…
$WMT over the last 13 years, the company has not moved this low on anything earnings related. 2/12 down 6.2% the closest thing we got
— SnapVest (@snapvest) October 14, 2015
Tony RT’s the story as on CNBC:
RT CNBC “RT CNBCnow: At today’s low, $WMT fell 9.9%, wiping out approximately $21,000,000,000 in market cap (more … pic.twitter.com/jEHkZDBnxu“
— Tony del Fierro (@1111Tony) October 14, 2015
Here’s somebody that passed Socialism 101, but likely failed Economics 101:
If Wal-Mart had only paid their workers more, this wouldn’t be happening. $WMT
— RutRho Blog ™ (@RutRhoBlog) October 14, 2015
The Dip at WalMart is actually a Guacamole Dip… We have this ALL WRONG:
@Stalingrad_Poor you mean fresh guacamole dip buyers at $WMT?
— IHJNG (@AH44KS) October 14, 2015
Will correctly looks at AMZN as next week will be huge for them. Who’s got a Fire Phone? Fire TV? (Not me!)
$WMT bombshell just raised the stakes for $AMZN report next week- changing consumer behavior or is something rotten at the heart of retail?
— Will Slaughter (@MilwaukeeBonds) October 14, 2015
Leon’s take:
#WalMart tanking, profits just ain’t what they used to be $WMT #retail #stocks null pic.twitter.com/80b6D2c3ef
— Leon Lazaroff (@LeonLazaroff) October 14, 2015
Alfred wants to know who took our $15 Billion!
$WMT: we’re a retailer not a global macro HF.. but we are losing $15B on FX exposure.. so really we’re just idiots
— Alfred Jones (@aceofrates) October 14, 2015
Briton finds MCD more broken than WMT:
that is insane.. $mcd more broken than $wmt https://t.co/RpYSs4FTck
— Briton Ryle (@BritonRyle) October 14, 2015
Andrew Lenza gets it:
Most of America shops at $WMT so if its sales are flattening, it’s difficult to celebrate an economic recovery #recession #gold #deflation
— andrew lenza (@AndrewLenza) October 14, 2015
Here is what caused this problem… According to @Bree_Kelly!
Wal-Mart shares right now $WMT pic.twitter.com/0aWcJCl8zK
— Bree Kelly (@bree_kelly) October 14, 2015
Official WalMart Newsroom Saves the Day!
We’ve found that higher clean, fast, friendly scores translate to higher sales, increased traffic and more satisfied customers. $WMT
— Walmart Newsroom (@WalmartNewsroom) October 14, 2015
Did that message from their official Twitter alleviate you of all worries?