Walmart Falls After $16 Billion Flipkart Deal
Walmart Inc.’s deal to buy a controlling stake in India’s biggest online seller is meeting skepticism on Wall Street. Walmart shares dropped as much as 4.2 percent to $82.12 as of 10:28 a.m. in New York -- the lowest intraday price since October. The company’s stock was already down 13 percent this year through Tuesday’s close.







