Paulsen Perspectives compares the share price to the S&P Global Luxury Index to capture the movement when shoppers shift toward Walmart and away from more expensive goods.
CFO John David Rainey said Wednesday that Walmart+ customers, on average, spend twice as much on online orders as the retailer’s other shoppers.
The unprofitable space tourism company did a reverse stock split to boost the share price. But that won’t change its poor fundamentals.