TITLE

Wal-Mart stock churns after outlook, rating cut

AUTHOR(S)
Seckler, Valerie
PUB. DATE
November 1996
SOURCE
WWD: Women's Wear Daily;11/14/1996, Vol. 172 Issue 93, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the decline in Wal-Mart's stock price on November 13, 1996 after its earnings outlook and stock rating were lowered by J.P. Morgan Securities retail analyst Mark Husson. Lackluster comparative-store sales in October 1996; Humphrey & Co.'s reduction of its short-term rating on Wal-Mart to market perform from buy.
ACCESSION #
9702020262

 

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