Walmart Shares Fall After Stock Downgraded To "Sell"
Walmart share price falls after Merril-Lynch downgrades stocks to “sell” from “neutral.” In a note to clients, a Merril analyst cited shrinking profit margins as a concern for the retailer. This would be the first time in 2007 the stock has been marked as sell.
Guess if you can’t import as many cheap and deadly products from China, it’s going to undermine the bottom line…
Wal-Mart falls after Merrill downgrades to ‘sell’ [Reuters]
(Photo: Walmartopia)
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