DJ Best Buy Co. Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Best Buy Co. Inc. $(BBY)$ slipped 3.95% to $89.00 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
The stock's fall snapped a five-day winning streak.
Best Buy Co. Inc. closed $14.71 short of its 52-week high ($103.71), which the company achieved on August 29th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 1.34% to $228.02, Amazon.com Inc. $(AMZN)$ fell 0.45% to $201.70, and Home Depot Inc. $(HD)$ rose 0.55% to $410.44.
Trading volume (3.5 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 17:10 ET (22:10 GMT)
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