DJ Best Buy Co. Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Best Buy Co. Inc. $(BBY)$ shed 0.96% to $87.32 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
This was the stock's third consecutive day of losses.
Best Buy Co. Inc. closed $16.39 below its 52-week high ($103.71), which the company reached on August 29th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 1.61% to $246.75, Amazon.com Inc. $(AMZN)$ fell 0.41% to $226.09, and Home Depot Inc. $(HD)$ fell 0.51% to $429.18.
Trading volume (3.6 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:11 ET (22:11 GMT)
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