# Watch: Walmart’s dip in sales sends Dow plunging

Published 2018-02-20 · Updated 2026-03-19 · Retail on MarketScale
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> Walmart reported yearly profits that missed the mark by almost 30%, shocking investors and sending shares plummeting. Stocks at the retail giant lost nearly 10% Tuesday morning, dragging the Dow to a 100 point loss. Though Walmart has encroached on the online dominance of Amazon, there’s still work to be done. Recently Walmart dropped the…

Walmart reported yearly profits that missed the mark by almost 30%, shocking investors and sending shares plummeting. Stocks at the retail giant lost nearly 10% Tuesday morning, dragging the Dow to a 100 point loss. Though Walmart has encroached on the online dominance of Amazon, there’s still work to be done. Recently Walmart dropped the “stores” from its name, indicating a shift toward a larger, less traditional brand to come.

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