BUZZ-Best Buy rises after electronic tariff exemptions

Reuters

04-14

BUZZ-Best Buy rises after electronic tariff exemptions

** Electronics retailer Best Buy BBY shares up nearly 6% at $64 in premarket trading

** U.S. President Donald Trump on Sunday announced limited tariff exemptions on some electronics; tech stocks across Asia and Europe rise

** Trump said special tariffs on phones and semiconductors will be determined in the upcoming week

** BBY fell to a near-five year low of $55 last week

** As of last close, BBY was down 29.5% YTD

(Reporting by Twesha Dikshit)

((Twesha.Dikshit@thomsonreuters.com))

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