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Shares of Symbotic (SYM) have surged as high as 20% on Thursday as the company announced agreements to implement multiple warehouse automation systems in Mexico for Walmart's (WMT) subsidiary, Walmex (WALMEX.MX).
Market Domination Hosts Julie Hyman and Josh Lipton report more on the agreement.
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This post was written by Melanie Riehl
And finally Symbotic shares are surging after that company announced agreements to implement multiple warehouse automation systems in Mexico for Walmart at the subsidiary known as Walmex appropriately enough here. Um Symbotic's an interesting company here because it does do this warehouse automation um services and you can see the shares are bouncing as much as they are today. They are down like 46% year to date, so
Uh remember this one started trading a couple of years ago combined with a spack. I didn't see details on the terms here truly, but sounds like it's going to be in two of the retailers distribution centers um Mexico City apparently.