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Banking & Finance

Oppenheimer & Co. Inc. Grows Position in Walmart Inc. $WMT

·15 Aug
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Oppenheimer & Co. Inc. increased its stake in Walmart Inc. by 4.9% during the second quarter, now owning 486,171 shares valued at $55.06 million. Other institutional investors also adjusted their positions in the company. Walmart is experiencing mixed sentiment, with positive views on its e-commerce growth and potential tariff refunds, but negative sentiment due to expected comparable-sales misses and rising operating costs.

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