Shares of Best Buy Co. Inc. BBY, -2.77% slid 2.77% to $76.40 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.12% rising 0.12% to 38,769.66 and the S&P 500 Index SPX, -0.11% falling 0.11% to 5,117.94.
This was the stock’s second consecutive day of losses.
Best Buy Co. Inc. closed $9.71 short of its 52-week high ($86.11), which the company reached on February 29th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. AAPL, +1.18% rose 1.18% to $172.75, Amazon.com Inc. AMZN, -1.93% fell 1.93% to $171.96, and Home Depot Inc. HD, -0.49% fell 0.49% to $371.52.
Trading volume (2.5 M) remained 429,404 below its 50-day average volume of 2.9 M.