Why Petco Stock Fell 20% in September
Shares of Petco (NASDAQ: WOOF) were rolling over last month after the pet products retailer and services company faded on concerns about rising interest rates and in response to 's latest entry into pet services.
According to data from S&P Global Market Intelligence, the stock finished the month down 20%.
As you can see from the chart below, that pullback primarily came as concerns about rising interest rates washed over the market in the middle of September.
Source Fool.com
Walmart Inc. Stock
€64.68
1.860%
With 82 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
As a result the target price of 74 € shows a slightly positive potential of 14.41% compared to the current price of 64.68 € for Walmart Inc..
