What Happened to Walmart Stock in 2020?

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Walmart (NYSE: WMT) shareholders had a good year in 2020. Their stock outpaced the S&P 500 for almost the entire period and shares even avoided a sharp drop during the market downturn in late March and April.

Yet the retailing giant’s performance trailed peers like Costco and Target, suggesting investors have comparatively low expectations for the year ahead. With that in mind, let’s take a closer look what really drove Walmart’s performance in 2020.

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