WMT peaked a year ago at approx $62, it's now at $51.13.
Prior to that peak WMT was mid 40s to low 50s for a long, long time. It now stands at $51.13.
They are making comparisions to Aug. 25th 2008, when it had jumped in a matter of a few weeks from $52 to $62. It's natural place for the past 3-5 years has been in the $45-$50 range.
Giving money to Wal Mart is like handing money to the red Chinese. I’d rather spend an extra 12 cents on toilet paper and shop at a local or employee owned store.
A drop of 13% or so in this economic environment is actually quite a success story compared to the 30%+ drop in the value of the other retailers stock.