Fool.com contributor Parkev Tatevosian elaborates on what the news could mean for Walmart (WMT +0.41%) and JD.com (JD 0.80%) stock investors.
*Stock prices used were the afternoon prices of Aug. 21, 2024. The video was published on Aug. 23, 2024.
Massive News for Walmart and JD.com Stock Investors
By Parkev Tatevosian, CFA – Aug 26, 2024 at 10:33AM
NYSE: WMT
Walmart
Market Cap
$807B
Today's Change
(0.41%) $0.41
Current Price
$101.59
Price as of November 3, 2025 at 4:00 PM 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.