Walmart Inc. stock falls Thursday, underperforms market

Shares of Walmart Inc.
WMT,
-0.57%

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,
+1.76%

rising 1.76% to 3,960.28 and the Dow Jones Industrial Average
DJIA,
+1.17%

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,
+3.99%

rose 3.99% to $100.04. Trading volume (9.6 M) eclipsed its 50-day average volume of 6.2 M.