UPDATE (10:22 pm) Suspect is in custody. 

(9:48 pm) Trinidad Police are currently searching the area around Wal-Mart for a male suspect who stabbed a male party after an altercation in the parking lot. The suspect is wearing a brown jacket or blanket and is on foot. 

The victim was transported to the hospital and is currently being treated. 

Anyone in the area who sees a person matching the suspect's description is asked to call the Trinidad Police Department dispatch center at 719-846-4441.