Wal-Mart Rises to 40-Year High on Strong Back-to-School Shopping

Wal-Mart Rises to 40-Year High on Strong Back-to-School Shopping

Patrick Fallon/Bloomberg

Wal-Mart Stores Inc. shares climbed 3.1 percent to $76.43 at 11:08 a.m. in New York after earlier reaching $76.73, the highest intraday price since at least 1972, according to data compiled by Bloomberg.