Referenced Symbols
Walmart Inc. WMT, +2.29% revealed
Wednesday that it has set up a health insurance company and is looking to hire
licensed insurance professionals. In a posting on the company's Careers page on
its website, the retailer said it has set up Walmart Insurance Services LLC and
is looking to hire several Medicare Insurance Agents to begin the first week of
August. "You will be responsible for helping the Medicare community in a
meaningful way, by enrolling customers in Medicare products and services over
the phone," the posting says. Walmart has had s health centers at its
stores since 2019. The stock was down 1.3% Wednesday, but has gained 5.4% in
the year to date, while the Dow Jones Industrial Average DJIA, +1.43% has
fallen 9% and the S&P 500 SPX, +1.04% has
fallen 2.6%. Digital health insurer Lemonade Inc. LMND, +9.93%, which went public last week, was down 12%.
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