Walmart’s market capitalization had dropped to $242.9 billion. The US-based retailer’s market capitalization had dropped to $242.9 billion. The market capitalization of Walmart’s arch-rival in the US currently stood at $774.18 billion, more than triple that of Walmart. Earlier on Wednesday, Walmart said it had agreed to buy 77% of Flipkart for $16 billion, valuing India’s largest e-commerce firm at roughly $21 billion. 2) Interest expense of approximately $0.15 per share,” Walmart added.

Source: Mint May 09, 2018 13:18 UTC