Walmart, Symbotic and Advanced Systems

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 Signs Deal to Buy Walmart's Advanced Systems, Robotics Business
Symbotic (SYM) said Thursday that it agreed to acquire Walmart's (WMT) advanced systems and robotics business for $200 million in cash at closing as part of a deal that aims to expand the retail giant's automated supply chain.
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.
Walmart Sells Robotics Business to Symbotic in Play to Further Automate Systems
When the acquisition closes later this year, robotics company Symbotic will automate Walmart's Accelerated Pickup and Delivery centers.
Robotics firm's shares jump on $200M Walmart deal, further partnership
Symbotic inked a deal with Walmart, its largest customer, to acquire the retailer's robotics business and expand their relationship.
Symbotic secures Walmart deal for AI-driven automation
WILMINGTON, Mass. - Symbotic Inc. (NASDAQ:SYM), a pioneer in artificial intelligence and robotics for supply chains, has solidified a deal with retail giant Walmart (NYSE:NYSE:WMT), a $733.77 billion market cap company and prominent player in Consumer Staples,
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 ...
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Symbotic Inc. Is Being Sued For Securities Law Violations And Affected Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / January 15, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Symbotic Inc. ("Symbotic ...
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 ...
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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 ...
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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 ...
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 ...
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.
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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.
Seeking Alpha21d
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 ...