Walmart, Symbotic

Automation firm Symbotic soars on $200 million deal to buy Walmart's robotics unit
Symbotic's shares jumped about 14% on Thursday after the automation firm said it would buy Walmart's robotics business for $200 million as part of an agreement to expand the retailer's automated supply chain.
Symbotic to Buy Walmart’s Advanced Systems and Robotics Unit, Signs Commercial Agreement
Technology company Symbotic has struck a deal to expand its partnership with Walmart, taking on a $520 million program to develop an automated delivery platform for Walmart stores while also agreeing to buy the retail giant’s advanced systems and robotics business.
Symbotic set to take over Walmart’s robotics business
Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business.
Automation firm Symbotic signs $200 million deal to buy Walmart's robotics unit
Symbotic said on Thursday it would buy Walmart's robotics business for $200 million in cash to help expand the retailer's automated supply chain, sending shares of the warehouse robotics firm up 20% in premarket trading.
Symbotic Stock Pops on New Robotics Partnership With Walmart
Key Takeaways Symbotic and Walmart announced a pair of new deals Thursday that will see the robotics company and retail giant expand their partnership.Symbotic will buy Walmart's Advanced Systems and Robotics business for $200 million.
Symbotic to Acquire Walmart’s Robotics Business. The Stock Charges Higher.
Walmart selects Symbotic to develop a solution to automate the retailer’s accelerated pickup and delivery centers.
Symbotic Inc. (NASDAQ:SYM) Given Consensus Rating of “Hold” by Analysts
Shares of Symbotic Inc. (NASDAQ:SYM – Get Free Report) have earned a consensus rating of “Hold” from the fifteen analysts ...
bovnews21h
Revolutionizing Retail: Symbotic (SYM) Makes Waves with Strategic Acquisition
In a bold move reshaping the landscape of automated supply chains, Symbotic Inc. (Nasdaq: SYM) has announced its acquisition of Walmart’s Advanced Systems and Robotics business. This development marks ...
Morningstar4d
SYM LAWSUIT ALERT: The Gross Law Firm Notifies Symbotic Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK, Jan. 13, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Symbotic Inc. (NASDAQ: SYM). Shareholders who purchased shares of SYM during the class ...
Business Insider3d
SYM INVESTOR ALERT: Symbotic Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
San Diego, California--(Newsfile Corp. - January 14, 2025) - Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Symbotic Inc. (NASDAQ: SYM) publicly traded securities ...
Yahoo Finance4d
Why Symbotic (SYM) Is Among the Cheap Robotics Stocks to Invest In Now?
In this article, we are going to take a look at where Symbotic Inc. (NASDAQ:SYM) stands against other robotics stocks to buy now. The robotics industry, which has grown modestly over the past few ...
Morningstar4d
Symbotic (SYM) Restates Financial Results Amid Securities Class Action Over Improper Accounting – Hagens Berman
SAN FRANCISCO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (NASDAQ: SYM), a Wilmington, Mass.-based automation technology company, has filed restated financial statements for three fiscal 2024 ...
Business Insider4d
Symbotic’s Growth Potential and Strategic Position Outweighs Short-Term Setbacks
Furthermore, Kaplowitz highlights Symbotic’s substantial backlog of approximately $22 billion, which provides good near- to medium-term revenue visibility. This, along with the company’s ...
Yahoo Finance22d
Symbotic Inc. (SYM) Is a Trending Stock: Facts to Know Before Betting on It
Symbotic Inc. (SYM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
ETF Daily News1mon
Fmr LLC Lowers Holdings in Symbotic Inc. (NASDAQ:SYM)
Fmr LLC’s holdings in Symbotic were worth $25,981,000 at the end of the most recent quarter. Several other hedge funds also recently added to or reduced their stakes in SYM.
Seeking Alpha20d
Symbotic: Moderating Growth Continues To Create Downside Pressure
Symbotic's high valuation, moderating growth, and low margins pose significant risks, despite a strong performance in Q4 and the addition of Walmex as a customer. While some of Symbotic's growth ...