Wal-Mart's Stock Got Crushed and Wall Street Has a Few Things to Say About It
"Far worse than expected."
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Retail giant Wal-Mart saw its stock fall 10 percent on Wednesday after saying earnings will decrease by 6 percent to 12 percent in the fiscal year ending January 2017. The lower guidance surprised analysts, as they were expecting a gain of 4 percent on average for the period, according to data compiled by Bloomberg.
This brought out a slew of research from analysts covering the stock. Here's your roundup.