STOCKS | Walmart's Holiday Season Performance Exceeds Expectations but Annual Guidance Disappoints

Walmart, the American retail giant, reported better-than-expected performance during the year-end holiday season. According to Ming Pao, despite the positive results, the company's annual guidance fell short of market expectations. On Thursday, Walmart's stock initially rebounded over 2% in early U.S. trading, recovering some of the losses incurred earlier in the week.