Harvey Capital Management Acquires Walmart Shares Amid Strong Earnings
HARVEY CAPITAL MANAGEMENT INC. recently acquired 21,888 shares of Walmart Inc.'s stock (NASDAQ: WMT) in the second quarter, according to a recent SEC disclosure.
The acquisition is valued at approximately $2,479,000 and brings Harvey Capital Management's total stake in Walmart to an undisclosed amount.
Walmart reported strong quarterly earnings, with revenue reaching $187.9 billion and global e-commerce growing 23%.