Walmart’s shares have risen 12% since the company announced its transfer from the New York Stock Exchange to Nasdaq, reflecting a “tech-powered approach” to its long-term strategy. Although Nasdaq is known for its tech-heavy listings, it also includes consumer staples and hospitality companies. This move signifies Walmart’s transformation from a traditional retailer to a tech-savvy giant, especially following its initial struggles against Amazon in the 2000s. The shift highlights Walmart’s evolution in adapting to modern retail challenges.
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