Benzinga | Sep 1, 2021 06:36AM EDT

Walmart States Readiness To Administer COVID-19 Vaccine Booster Shots

* Walmart Inc (NYSE:WMT) has stated its readiness to administer millions of COVID-19 booster vaccine doses in 2021 fall once recommended by the Centers for Disease Control and Prevention (CDC) and Food and Drug Administration (FDA).

* The company has joined the likes of CVS Health Corp (NYSE:CVS) and Kroger Co (NYSE:KR) to make booster shots available at their stores.

* A booster shot is a dose of vaccine administered when the initial immune response has begun to fade.

* The FDA has authorized the third dose of Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) vaccine, and Moderna Inc (NASDAQ:MRNA) vaccine to help increase the immune response in immunocompromised individuals who are less able to fight infections.

* Price Action: WMT shares closed higher by 0.27% at $148.10 on Tuesday.