Walmart’s value-focused strategy draws customers and investors, causing its stock to reach an all-time high.
Walmart’s stock reached a record high on Friday as investors placed bets that the low-cost retailer’s reputation for a bargain will enable it to outperform competitors in the retail space and attract customers all through the holiday season. Earlier in the day, the stock of the big-box retailer peaked at $166.30. Since Walmart started trading …