Walmart soars, Boeing on the move, Amazon gains
Let’s check out the Yahoo Finance charts of the day.
Walmart (WMT): Walmart shares surge as earnings top expectations boosted by 40% US e-commerce sales growth. The retailer said it had the strongest growth in more than a decade at those stores open for at least 12 months thanks to sales in grocery and apparel departments.
Boeing (BA): Analysts at Swiss bank UBS began coverage of the jet maker with a “buy” rating, saying it sees a potential 50% upside for the stock based on a boost in cash flow and profit margins.
Amazon (AMZN): According to Reuters, Amazon is considering putting together an insurance comparison site in the U.K., in what would be a big step into the region’s financial services industry. Separately, Bloomberg News is reporting that Amazon is looking at buying Landmark Theatres, co-owned by Todd Wagner and Mark Cuban.
For more on today’s big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.
