This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Best Buy Co. Inc. tumbled 13.3% to $75.20 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.2% to 5,778.15 and Dow Jones Industrial Average falling 1.6% to 42,520.99.
This was the stock's second consecutive day of losses.
Best Buy Co. Inc. closed 27.5% below its 52-week high of $103.71, which the company achieved on August 29th.
The stock underperformed when compared to some of its competitors, as Apple Inc. fell 0.9% to $235.93, Amazon.com Inc. fell 0.6% to $203.80, and Home Depot Inc. fell 2.06% to $381.68.
Trading volume totaled 14.8 million, compared to the 50-day average of 2.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 04, 2025 16:33 ET (21:33 GMT)
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