Walmart shares could swing 5.8% after Nov. 19 earnings report

Walmart stock is projected to move 5.8% following its earnings release on Nov. 19 before the market opens, based on options data from Bloomberg. The retailer's actual stock movement has exceeded options-implied expectations in three of the past eight earnings announcements. Notably, on Aug. 20, options implied a 4.6% move, but the stock fell 10.5%, and on May 21, a 4.1% implied move preceded a 7.7% decline. Historical results show mixed outcomes, with shares rising 3.5% in November 2025 and 2.8% in November 2024, while declining in several other periods, including a 6.2% drop in February 2025.