Best Buy Co. Inc. stock rises Friday, outperforms market

Best Buy Co. Inc. stock rises Friday, outperforms market

Shares of Best Buy Co. Inc. BBY, +0.42% inched 0.42% higher to $76.14 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.17% rising 0.17% to 4,754.63 and the Dow Jones Industrial Average DJIA, -0.05% falling 0.05% to 37,385.97.

This was the stock’s second consecutive day of gains.

Best Buy Co. Inc. closed $17.18 short of its 52-week high ($93.32), which the company achieved on February 2nd.

The stock outperformed some of its competitors Friday, as Apple Inc. AAPL, -0.55% fell 0.55% to $193.60, Amazon.com Inc. AMZN, -0.27% fell 0.27% to $153.42, and Home Depot Inc. HD, -0.11% fell 0.11% to $348.59.

Trading volume (2.1 M) remained 887,342 below its 50-day average volume of 3.0 M.

 

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