Walmart's Mexico unit wipes $3.3 billion off market value after weak Q2 margins

Walmart's Mexico unit wipes $3.3 billion off market value after weak Q2 margins

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Walmart's Mexico unit wipes $3.3 billion off market value after weak Q2 margins

Summary

Shares in Walmart's Mexico and Central America unit, known as Walmex , slid 6% on Thursday morning, wiping off 60.9 bill...

Shares in Walmart's Mexico and Central America unit, known as Walmex , slid 6% on Thursday morning, wiping off 60.9 billion pesos ($3.25 billion) from the firm's market capitalization after posting weaker-than-expected margins.

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