Tuesday, June 21, 2022 6:50:14 AM
6:19 am ET June 21, 2022 (MarketWatch)
Shares of AI supply chain company Symbotic Inc. (SYM) rose 4.9% in premarket trade Tuesday after Walmart Inc. (WMT) disclosed a 62.2% stake in the company. In a regulatory filing, Walmart said it had 58.8 million shares in Symbotic. In May, Walmart said it was adding Symbotic warehouse robotics to all 42 of its regional distribution centers. Previously, the agreement was for 25 of the facilities. Retrofitting all 42 facilities is expected to take more than eight years. The technology aims to speed store orders by moving merchandise in a more orderly fashion and increase inventory accuracy. Symbotic went public via a merger with a SPAC in early June. Walmart shares were up 0.6% premarket but have fallen 18% in the year to date, while the Dow Jones Industrial Average has also fallen 18%.
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Recent SYM News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/10/2024 08:14:56 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/09/2024 08:18:51 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/09/2024 08:09:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/07/2024 06:37:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:06:36 PM
- Symbotic Reports Second Quarter Fiscal Year 2024 Results • GlobeNewswire Inc. • 05/06/2024 08:00:00 PM
- Index Futures Point to Strong Monday Opening, Building on Last Week’s Gains; Oil Prices Rise • IH Market News • 05/06/2024 12:09:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/04/2024 01:36:47 AM
- Symbotic to Stream Investor Day Webcast on May 9, 2024 • GlobeNewswire Inc. • 04/16/2024 09:00:00 PM
- Symbotic Announces Date for Reporting Second Quarter Fiscal 2024 Financial Results • GlobeNewswire Inc. • 04/16/2024 08:00:00 PM
- Symbotic Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024 • GlobeNewswire Inc. • 03/19/2024 01:43:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 09:13:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 11:27:14 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/05/2024 09:13:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 09:29:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 09:35:15 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/29/2024 09:31:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 02:55:57 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 02:53:12 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 02:49:25 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 09:53:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 09:17:11 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 02/24/2024 02:27:01 AM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 02/24/2024 02:23:25 AM
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