Consumer Confidence Drops; Retail ETFs in Focus Tuesday, September 28, 1:15 PM ET, by ETF Channel Staff The Conference Board released a disappointing consumer confidence report this morning, putting retailer and retail ...
In trading on Monday, shares of Wal-Mart Stores, Inc. (NYSE:WMT) crossed below their 200 day moving average of $53.11, changing hands as low as $52.91 per share. Wal-Mart Stores, Inc. shares are currently trading trading flat on the day. The chart below shows the one year performance of WMT shares, versus its 200 day moving average:
Looking at the chart above, WMT's low point in its 52 week range is $47.77 per share, with $57.90 as the 52 week high point — that compares with a last trade of $53.56.
According to the ETF Finder at ETF Channel, WMT makes up 17.85% of the Retail HOLDRS ETF (AMEX:RTH) which is trading lower by about 0.8% on the day Monday.
WMT operates in the Department Stores sector, among companies like Nordstrom, Inc. (NYSE:JWN) which is down about 2.2% today, and Macys Inc (NYSE:M) trading lower by about 2.3%. Below is a three month price history chart comparing the stock performance of WMT, versus JWN and M.
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