Walmart stock price ticks up after PhonePe IPO approval — what WMT investors watch next

New York, Jan 21, 2026, 17:19 EST — After-hours

Walmart Inc. shares (WMT) ticked up roughly 0.6% to $119.36 in after-hours trading Wednesday, following a session where the stock fluctuated between $117.56 and $120.46. Trading volume reached around 34.8 million shares by the latest update.

Walmart’s spotlighted Indian payments firm PhonePe has quietly secured regulatory clearance for an IPO, Reuters reported Tuesday. The company filed confidentially for a stock market debut in September, marking its first public sale of shares. For Walmart, this move could clarify the valuation of its significant private stake and potentially pave the way for a partial share sale. According to the report, some existing shareholders…

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