Fool.com contributor Parkev Tatevosian elaborates on what the news could mean for Walmart (WMT 0.93%) and JD.com (JD -0.91%) stock investors.
*Stock prices used were the afternoon prices of Aug. 21, 2024. The video was published on Aug. 23, 2024.
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Massive News for Walmart and JD.com Stock Investors
By Parkev Tatevosian, CFA
–
Aug 26, 2024 at 10:33AM
NYSE: WMT
Walmart
Market Cap
$778B
Today's Change
(0.93%) $0.90
Current Price
$97.50
Price as of July 25, 2025, 3:58 p.m. ET
Walmart sold its stake in JD.com, but that doesn't mean you must also sell.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JD.com and Walmart. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
Walmart
WMT
$97.50
(0.93%)
$0.90
JD.com
JD
$33.16
(-0.91%)
$0.30
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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