Best Buy (BBY) Stock Sinks As Market Gains: Here's Why
BBYBest Buy(BBY) Zacks Investment Research·2024-04-30 07:16

Best Buy (BBY) closed the latest trading day at $75, indicating a -0.07% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.32%. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.35%.Heading into today, shares of the consumer electronics retailer had lost 8.51% over the past month, lagging the Retail-Wholesale sector's loss of 1.39% and the S&P 500's loss of 2% in that time.Market participants will ...