MarketBeat on MSN2d
Symbotic Shares Down 37%-Is It Time for Bravery or Caution?
Markets have hit shares of robotic warehouse systems company Symbotic (NASDAQ: SYM) hard over the past 52 weeks. Shares of the industrials stock have lost nearly 37% of their value as of the Feb. 13 ...
Business Insider1mon
Symbotic to Acquire Walmart’s Advanced Systems and Robotics Business and Sign Related Commercial Agreement
Agreement could add more than $5 billion to Symbotic’s future backlog. WILMINGTON, Mass., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics ...
The Business Journals1mon
Robotics firm's shares jump on $200M Walmart deal, further partnership
The retailer accounted for approximately 87% of Symbotic's total revenue of $1.82 billion in the fiscal year ended in September last year. Shares of Symbotic Inc. jumped on Thursday after the ...
Yahoo Finance1mon
Symbotic seals $200m deal for Walmart’s robotics unit
AI tech company Symbotic has agreed to acquire Walmart’s Advanced Systems and Robotics division for $200m in cash. Symbotic will construct and implement an advanced solution powered by its AI ...
Nasdaq1mon
Why Symbotic Stock Is Skyrocketing Today
Symbotic (NASDAQ: SYM) stock is seeing huge gains in Thursday's trading. The automation and robotics company's share price was up 20.7% as of 2 p.m. ET and had been up as much as 24.6% earlier in ...
Seeking Alpha28d
Symbotic: Is The Walmart Partnership A Game Changer? I Don't Think So
Basically, Symbotic's platform automates sorting and moving goods in warehouses, helping companies save money on labor. On the surface, this looks great and should be a highly scalable business ...