DJ Best Buy Co. Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Best Buy Co. Inc. $(BBY)$ inched 0.42% higher to $87.07 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
The stock's rise snapped a four-day losing streak.
Best Buy Co. Inc. closed $16.64 short of its 52-week high ($103.71), which the company reached on August 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 0.52% to $246.49, Amazon.com Inc. $(AMZN)$ rose 2.32% to $230.26, and Home Depot Inc. $(HD)$ fell 0.29% to $421.38.
Trading volume (2.9 M) remained 210,522 below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 17:11 ET (22:11 GMT)
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