Walmart to Shift Listing to Nasdaq as Retailer Reports 3rd Quarter Growth

Walmart’s steady growth results come after other major retailer Target reported a drop in third-quarter sales amid slowing consumer traffic.
Walmart to Shift Listing to Nasdaq as Retailer Reports 3rd Quarter Growth
Customers shop at a Walmart store in Chicago, Ill., on May 18, 2023. Scott Olson/Getty Images
|Updated:
0:00
Retail giant Walmart has reported higher sales and continued gains in its e-commerce and advertising businesses in the third quarter, while also announcing plans to transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq next month.

The company said on Nov. 20 that both decisions reflect a long-term strategy that leans heavily on technology, automation, and faster online fulfilment.

Evgenia Filimianova
Evgenia Filimianova
Author
Evgenia Filimianova is a UK-based journalist covering a wide range of international stories, with a particular interest in foreign policy, economy, and UK politics.