Stocks On The Move: Walmart shares pop over drone deliveries

Yahoo Finance's Adam Shapiro breaks down how Walmart is trading on Monday.

Video Transcript

ADAM SHAPIRO: OK. Before we finish this discussion, gotta check Walmart right now, because we're going to go to break. But there's news about Walmart, and the shares are up just a bit right now, I just want to check that for you-- up about 1%. They're signing a bunch of deals, apparently with FlightTrack, as well as Zipline-- this has to do with drone delivery.

Now last month, we got Walmart+, which is going to compete at a lower entry point for the monthly or yearly subscription with Amazon Prime. So everyone is moving towards the drone delivery platforms which are already in place. CVS has one in conjunction with United Parcel Service. We also know that Amazon is working on theirs. So, today Walmart, moving in that direction to catch up with those who are ahead of them. We have more on the news-- more on the move, after this.