Best Buy Co. Inc. Stock Rallies 5.7%, Outperforms Peers

Dow Jones10-16

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Best Buy Co. Inc. rallied 5.7% to $94.17 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,744.06 and the Dow Jones Industrial Average rising 1.1% to 52,177.69.

This was the stock's third consecutive day of gains.

Best Buy Co. Inc. closed 2.4% short of its 52-week high of $96.53, which the company reached on September 23rd.

The stock outperformed some of its peers, as Apple Inc. fell 0.3% to $342.00, Amazon.com Inc. rose 0.3% to $254.76, and Home Depot Inc. rose 4.31% to $308.24.

Trading volume totaled 4.3 million, compared to the 50-day average of 3.6 million.

Data source: Dow Jones Market Data, FactSet

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