Wal-Mart Drops to No. 2 on Fortune 500

Last year’s Fortune 500 list leader Wal-Mart dropped down to the second spot, despite having the seventh-best one-year stock return of any Fortune 500 company at 19.99%, the magazine reported last week.

BENTONVILLE, Ark. — Last year’s Fortune 500 list leader Wal-Mart Stores dropped down to the second spot, despite having the seventh-best one-year stock return of any Fortune 500 company at 19.99%, the magazine reported last week.

With $405.6 billion in assets it traded places with Exxon Mobil, who experienced a 19% revenue increase from 2007 to $442.851 billion in assets. Dollar Stores also stood out on the list.

Of the 24 Fortune 500 companies that experienced stock in

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