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Ticker Summary (WMT)

52.04+0.28 (+0.54%)
Open 51.86
High 52.09
Low 51.55
Volume 9,602,141
Market Cap 192.3B
52 Week High 56.27
52 Week Low 47.77
P/E 13.38
F P/E 11.76
EPS 3.89
Dividend 1.18
Yield 2.28%
1 Year Target 59.87

WMT 52.04 +0.54%

After just less then a year after its online movie site went live, Wal-Mart has quietly canceled the service. Amy Colella, a spokesperson for Wal-Mart, said that Wal-Mart has shut down the site as Hewlett Packard Co no longer supported the web platform powering the site. She also noted Wal-Mart would not be looking for another partner, and does not plan to offer online downloads of movies in the future due to lower consumer demand then expected. The number of online downloads sold was not disclosed.

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3 years 304 days ago by Tim

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