Wal-Mart

The world’s largest retailer is rolling back its diversity, equity and inclusion policies.

Shares of Walmart (NYSE: WMT) traded 7.5% lower Thursday morning to $156.95. Over the past 52 weeks, the share prices have ranged from $136.09 and $169.94.

The Denver Broncos have confirmed new ownership is on the way, and there are ties to Arkansas.

Walmart said it will expand the DroneUp delivery network to 34 sites by the end of the year and the expanded network will reach 4 million U.S households across six states: Arkansas, Arizona, Florida, Texas, Utah and Virginia.

Inflation in the supply chain, higher-than-expected inventory, and a 30% rise in wage costs helped derail Walmart’s first-quarter net income.