Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

The $100 level acted as support earlier in August. But since February, $100 has been a pretty strong resistance level. Now that WMT stock is below it once more, it is a worrying sign. Shares of Walmart rarely go on sale unless the market perceives a macro shock.

Households earning more than $100,000 made up 75% of the company’s market share gains in the fiscal third quarter, Walmart CEO Doug McMillon said on the company’s earnings call in November.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

U.S. stocks are slipping again, this time after the country’s largest retailer reported profits that came up short of Wall Street’s expectations.

Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America analyst Robert Ohmes said in a report this week.

Walmart said its tariff-related price increases were limited to 10 percent and the company was absorbing the rest of the costs

Thursday, however, Walmart's (WMT) second-quarter earnings missed Wall Street estimates, and the shares slid 4.5% to $97.93. The tumble was felt broadly across the stock market. Walmart, which has a market capitalization of about $782 billion,