Walmart Inc. stock falls Thursday, underperforms market

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Shares of Walmart Inc.
WMT,
+0.81%
slid 0.57% to $138.28 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
-1.10%
rising 1.76% to 3,960.28 and the Dow Jones Industrial Average
DJIA,
-1.19%
rising 1.17% to 32,246.55. The stock’s fall snapped a three-day winning streak. Walmart Inc. closed $22.49 short of its 52-week high ($160.77), which the company reached on April 21st.

The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc.
AMZN,
-1.09%
rose 3.99% to $100.04. Trading volume (9.6 M) eclipsed its 50-day average volume of 6.2 M.