Symbotic inks deal to acquire Walmart's robotics arm. Stock jumps.
AI-powered warehouse operator Symbotic (SYM) is set to acquire Walmart's (WMT) robotics business in a deal valued at over $500 million. Julie Hyman and Josh Lipton expand more upon the details of this deal and the value this poses for Symbotic as its stock climbs nearly 20% on the news. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.
WS News
2025-01-18
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