walmart shares

While the Americans are losing millions of jobs over the last few weeks, Walmart is on a hiring spree looking to hire 150,000 employees on a temporary basis. Meanwhile, WMT stock remains practically at the same level.

Various private-equity firms have shown a strong interest in Asda. The deal could value Asda at more than 7 billion pounds ($8.6 billion). But because of coronavirus, Walmart has paused the sale process.