Why Walmart's Stock Price Rose 2.7% in April

It may not sound like much, but Walmart (NYSE: WMT) had a pretty good month in April as its stock price rose 2.7%, according to S&P Global Market Intelligence.

When you consider the fact that the S&P 500 was down 8.8% -- its worst month since the start of the pandemic -- and the Nasdaq Composite was down 13.3% for the month, a 2.7% return looks pretty good. The nation's largest retailer is up about 3% year to date as of May 6.

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Source Fool.com