Wal-Mart Q1 Bucks Weak Retail Trend: ETFs To Surge
May 22, 2016 at 18:10 PM EDT
Following upbeat results, shares of WMT jumped 9.6% on the day, reflecting the biggest one-day gain in more than seven years. The smooth trading will also push up the consumer ETFs with the largest allocation to this retail giant in the days ahead.