DJ Best Buy Co. Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Best Buy Co. Inc. $(BBY)$ inched 0.97% higher to $91.58 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.60% to 5,949.17 and Dow Jones Industrial Average falling 0.47% to 43,750.86.
This was the stock's fourth consecutive day of gains.
Best Buy Co. Inc. closed $12.13 below its 52-week high ($103.71), which the company achieved on August 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ rose 1.38% to $228.22, Amazon.com Inc. $(AMZN)$ fell 1.22% to $211.48, and Home Depot Inc. $(HD)$ fell 1.09% to $405.72.
Trading volume (2.7 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2024.
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(END) Dow Jones Newswires
November 14, 2024 17:11 ET (22:11 GMT)
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