Wall Street’s Dominance of Walmart

September 9, 2009

News

Wall Street’s Dominance of Walmart

Photo: Thomas Hawk

Is this what American business has come to? Wall Street dictating the course of American companies? I don’t have any problem with the success of Walmart but I’m disappointed at their success. Walmart succeeds by lowering prices and when a business uses lower pricing as a competitive advantage the quality of the service, products and customers all decline.

Despite the company’s consistently strong financial performance, Wall Street hasn’t cheered Walmart’s growth rates. During the 1990s, the company’s stock price jumped 1,173%. In this decade, it’s down around 24%. “Walmart is under excruciating pressure from employees and frustrated institutional investors to get the stock up,”.

[Source: Walmart's Latest Move to Crush the Competition]

No related posts.

Leave a Reply