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Stockreport

Party City immediately closing all stores after 38 years in business [Yahoo! Finance]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Employees of the New Jersey-based party chain were informed in a Friday meeting they were losing their jobs five days before Christmas and would be let go sans severance pay or extension of benefits, effective immediately. “That is without question the most difficult message that I've ever had to deliver,” CEO Barry Litwin said in a video conference call, according to CNN. Litwin announced in August he was taking over leadership of the struggling company and its more than 700 stores during a “pivotal” period of repositioning for the business. The country's largest party supply chain declared bankruptcy at the start of 2023 , which allowed the company to cancel nearly $1 billion in debt. Still its problems continued. More than 80 stores were closed between 2022 and 2024. Party City's struggles were blamed on a myriad of factors including competition from massive retailers like Amazon and Walmart. The company was also hurt by the pandemic when a helium shortage reportedly cripp [Read more]
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Stockreport

Party City immediately closing all stores after 38 years in business [Yahoo! Finance]

Walmart Inc.  (WMT) 
More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Employees of the New Jersey-based party chain were informed in a Friday meeting they were losing their jobs five days before Christmas and would be let go sans severance pay or extension of benefits, effective immediately. “That is without question the most difficult message that I've ever had to deliver,” CEO Barry Litwin said in a video conference call, according to CNN. Litwin announced in August he was taking over leadership of the struggling company and its more than 700 stores during a “pivotal” period of repositioning for the business. The country's largest party supply chain declared bankruptcy at the start of 2023 , which allowed the company to cancel nearly $1 billion in debt. Still its problems continued. More than 80 stores were closed between 2022 and 2024. Party City's struggles were blamed on a myriad of factors including competition from massive retailers like Amazon and Walmart. The company was also hurt by the pandemic when a helium shortage reportedly cripp [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS