We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Walmart Stock Gaining Steam Ahead of Debut on Nasdaq-100
Read MoreHide Full Article
Key Takeaways
WMT will join the Nasdaq-100 on Jan. 20, replacing AZN as part of the index's routine rebalancing.
WMT stock gained 4.7% over three sessions as investors reacted to the index news, while AZN shares declined.
Walmart's Nasdaq listing shift ends a 50-year NYSE run and reflects its push into the tech segment.
Walmart Inc. (WMT - Free Report) , the world’s largest retailer, is set to hit a significant milestone by joining the Nasdaq-100 index on Jan. 20, 2026, highlighting its evolution from a traditional brick-and-mortar retailer into a tech-driven global enterprise. Nasdaq has confirmed that Walmart will be added to the Nasdaq-100, along with related benchmarks such as the Nasdaq-100 Equal Weighted and Nasdaq-100 Ex-Tech indexes, before markets open on the first trading day after the third Friday of January. As part of the routine index rebalancing, British drugmaker AstraZeneca PLC (AZN - Free Report) will be removed.
Over the last three sessions, since Jan. 7, while AZN’s stock has lost 1.6%, WMT’s stock has picked up 4.7% as the news has gained ground. In the last session itself, on Jan. 12, WMT gained 3% and AZN lost 1.1%. Both currently carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The move follows Walmart’s strategic decision to shift its stock listing from the New York Stock Exchange to Nasdaq’s Global Select Market in late 2025, ending a more than 50-year association with the NYSE. The transition, completed in December, was widely seen as a symbolic step toward aligning the retailer with Nasdaq’s technology-focused investor base and its advanced trading ecosystem.
The Nasdaq-100 represents the 100 largest non-financial companies listed on Nasdaq. WMT’s large market capitalization and strong trading liquidity make it a suitable addition, while its inclusion also reflects changing perceptions of the company. Long associated with low-price groceries and everyday essentials, Walmart has steadily expanded its digital capabilities, investing in AI-powered shopping tools, automation across its supply chain and strategic partnerships with technology firms to enhance online and in-store experiences. Investor response to the announcement has been favorable, with WMT’s shares rising as passive funds and index-tracking investors prepare to rebalance their portfolios.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Walmart Stock Gaining Steam Ahead of Debut on Nasdaq-100
Key Takeaways
Walmart Inc. (WMT - Free Report) , the world’s largest retailer, is set to hit a significant milestone by joining the Nasdaq-100 index on Jan. 20, 2026, highlighting its evolution from a traditional brick-and-mortar retailer into a tech-driven global enterprise. Nasdaq has confirmed that Walmart will be added to the Nasdaq-100, along with related benchmarks such as the Nasdaq-100 Equal Weighted and Nasdaq-100 Ex-Tech indexes, before markets open on the first trading day after the third Friday of January. As part of the routine index rebalancing, British drugmaker AstraZeneca PLC (AZN - Free Report) will be removed.
Over the last three sessions, since Jan. 7, while AZN’s stock has lost 1.6%, WMT’s stock has picked up 4.7% as the news has gained ground. In the last session itself, on Jan. 12, WMT gained 3% and AZN lost 1.1%. Both currently carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The move follows Walmart’s strategic decision to shift its stock listing from the New York Stock Exchange to Nasdaq’s Global Select Market in late 2025, ending a more than 50-year association with the NYSE. The transition, completed in December, was widely seen as a symbolic step toward aligning the retailer with Nasdaq’s technology-focused investor base and its advanced trading ecosystem.
The Nasdaq-100 represents the 100 largest non-financial companies listed on Nasdaq. WMT’s large market capitalization and strong trading liquidity make it a suitable addition, while its inclusion also reflects changing perceptions of the company. Long associated with low-price groceries and everyday essentials, Walmart has steadily expanded its digital capabilities, investing in AI-powered shopping tools, automation across its supply chain and strategic partnerships with technology firms to enhance online and in-store experiences. Investor response to the announcement has been favorable, with WMT’s shares rising as passive funds and index-tracking investors prepare to rebalance their portfolios.