DJ Best Buy Co. Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Best Buy Co. Inc. $(BBY)$ slid 1.68% to $86.01 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Best Buy Co. Inc. closed $17.70 short of its 52-week high ($103.71), which the company achieved on August 29th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 2.14% to $248.05, Amazon.com Inc. $(AMZN)$ fell 4.60% to $220.52, and Home Depot Inc. $(HD)$ fell 3.59% to $393.82.
Trading volume (3.4 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:11 ET (22:11 GMT)
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