A slew of other companies are reporting gains and some are even rising above the all-time high of $200 billion.
The average stock price for Wal-Mart, which has been trading at a discount since December, has jumped nearly 4% this week, according to FactSet data from Thomson Reuters.
The company’s stock price climbed 6.7% in 2018, and has risen almost 5% in the last five years.
That compares with a 1.7 percent jump in the S&P 500 index over the same time period.
Forbes contributor Daniel Zwick notes that the company’s latest quarterly profit forecast is nearly two-thirds higher than analysts expected, and the company is projecting profits of $5.6 billion in 2019.