Best Buy Co. Inc. Stock Sheds 5.1%, Underperforms Competitors

Dow Jones
03-12

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

Shares of Best Buy Co. Inc. slid 5.1% to $74.82 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.8% to 5,572.07 and Dow Jones Industrial Average falling 1.1% to 41,433.48.

This was the stock's second consecutive day of losses.

Best Buy Co. Inc. closed 27.9% below its 52-week high of $103.71, which the company reached on August 29th.

The stock underperformed when compared to some of its competitors, as Apple Inc. fell 2.9% to $220.84, Amazon.com Inc. rose 1.1% to $196.59, and Home Depot Inc. fell 1.73% to $368.16.

Trading volume totaled 4.0 million, compared to the 50-day average of 2.9 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 11, 2025 16:35 ET (20:35 GMT)

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