For one, shoppers have made a massive flight to lower prices, which Walmart has more of, as low- and high-income consumers alike protect their pocketbooks. Walmart’s size and cash also give it the advantage in handling e-commerce deliveries more quickly and ensuring that things people want are on the shelves.

US stocks ended lower, with the S&P 500 falling for the fifth straight day. Investors feel less confident in a September rate cut. Walmart sinks Dow.

Shares of Walmart (NYSE: WMT) fell 4.9% Thursday. The drop came as the S&P 500 lost 0.5% and the Nasdaq Composite lost 0.4% as investors await Federal Reserve Chair Jerome Powell's speech tomorrow.

The $100 level acted as support earlier in August. But since February, $100 has been a pretty strong resistance level. Now that WMT stock is below it once more, it is a worrying sign. Shares of Walmart rarely go on sale unless the market perceives a macro shock.

Walmart Inc. is among the S&P 500 index’s biggest decliners Thursday after the discount-retail giant reported second-quarter profits that missed Wall Street expectations. However, the Bentonville, Ark.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Walmart's results WMT.N on Thursday show U.S. consumers across the spectrum are still flocking to the retailer's stores despite economic headwinds, but shares dipped as the company's margins ebbed and inventory costs rose.

U.S. equities fell at midday as weekly jobless claims were above expectations and Walmart warned about cost for tariffs.

Shares of Walmart Inc. dropped in early trading Thursday, after the discount-retail behemoth missed fiscal second-quarter profit expectations, but raised its full-year outlook and saw strength in sales at both its retail and Sam’s Club warehouse stores.