The Internet Is Eating Walmart Alive
A Few Charts To Show You How That Looks
The first thing you have to do is look at a chart of Walmart’s stock price. The following chart shows how Walmart has traded over the last. It’s not pretty.
When stocks as big as Walmart drop this hard, it’s time to take notice. Walmart’s stock price is down 32% year-to-date. If you translate that into market cap, you will see utter destruction in value.
Yes, Walmart’s market cap has shrunk by $100 billion since 2015 started. $100 billion. But why? The next two things will highlight a really important development that Walmart has been unable to grasp.
Trends can be incredibly powerful when they take-off. In some cases, you might think the E-Commerce trend is only just getting started. Companies like Amazon are eating Walmart’s lunch. Wait, that could be interesting – Amazon’s stock price vs. Walmart’s stock price.
Watching how this unfolds over the next year will be fascinating. At the center of the conversation is the Internet. Can Walmart grasp E-commerce? Or Mobile? Or something like same-day shipping? We’ll soon find out. And maybe more importantly, we’ll see how patient Wall Street is.