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What's Going On With Walmart And Target Corp Stock On Tuesday? - Target (NYSE:TGT), Walmart (NYSE:WMT)

iconBenzinga

2024-06-25 23:43

Walmart and Target announce summer sale events to compete with Amazon's Prime Day. Stocks trading lower, while oil prices hold steady.

  The retailer recently announced price reductions on about 1,500 frequently shopped items across various categories, with plans to lower prices on approximately 3,500 more items throughout the summer.

  It is interesting to note that Amazon has scheduled this years Prime Day event for July 16 and July 17. Prime members will have access to millions of exclusive deals. The stock is trading up on Tuesday.

  Spanning over 35 categories, such as electronics, kitchen, beauty, and apparel, Prime members can also request invitations to access invite-only deals expected to sell out. Megan Thee Stallion will kick off the event by announcing the dates in her latest music video and song, “Its Prime Day.” Members can shop their favorite picks on Prime Day.

  Price Actions:WMT shares traded lower by 2.34% at $67.29 at the last check on Tuesday. TGT is down 1.83% at $146.96.

  Disclaimer:This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

  Image: Unsplash/ Rupixen.com

  © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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