DJ Best Buy Co. Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Best Buy Co. Inc. $(BBY)$ slumped 0.90% to $87.60 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 6,051.09 and the Dow Jones Industrial Average falling 0.20% to 43,828.06.
The stock's fall snapped a two-day winning streak.
Best Buy Co. Inc. closed $16.11 short of its 52-week high ($103.71), which the company reached on August 29th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. $(AAPL)$ rose 0.07% to $248.13, Amazon.com Inc. $(AMZN)$ fell 0.66% to $227.46, and Home Depot Inc. $(HD)$ rose 0.62% to $416.98.
Trading volume (2.2 M) remained 886,765 below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 2024.
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(END) Dow Jones Newswires
December 13, 2024 17:11 ET (22:11 GMT)
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