Best Buy Co. Inc. stock underperforms Tuesday when compared to competitors
Shares of Best Buy Co. Inc. BBY, -0.82% slumped 0.82% to $80.06 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.28% falling 0.28% to…
From the Equity Insider archive. This article dates from Mar 26, 2024 and is preserved as first published.
Shares of Best Buy Co. Inc. BBY, -0.82% slumped 0.82% to $80.06 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.28% falling 0.28% to 5,203.58 and Dow Jones Industrial Average DJIA, -0.08% falling 0.08% to 39,282.33.
This was the stock’s second consecutive day of losses.
Best Buy Co. Inc. closed $6.05 below its 52-week high ($86.11), which the company achieved on February 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc. AAPL, -0.67% fell 0.67% to $169.71, Amazon.com Inc. AMZN, -0.78% fell 0.78% to $178.30, and Home Depot Inc. HD, -0.93% fell 0.93% to $379.93.
