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Best Buy stock fell 7% in early trading. As of the market close on Monday, shares were up nearly 19% year to date, trailing behind the S&P 500's ( ^GSPC ) 25% gain. The earnings breakdown
Best Buy stock jumped 15% in morning trading. This report comes after Best Buy unveiled a new tagline, Imagine That, during the quarter, updated its app, and added more experiential spaces in stores.
Looking forward, Best Buy lowered its fiscal guidance for the 12 months ending in January 2024. Revenue for the year is now expected to come in between $43.1 billion and $43.7 billion, compared to ...
Best Buy Co Inc (NYSE:BBY) continues its journey to recapture its position in American retail. Once a favorite place to shop for gadgets and electronic media, the advent of e-commerce and the rise ...
Best Buy shares rose about 3% in pre-market trading on Thursday after the Richfield, Minnesota consumer electronics retailer reported better-than-expected earnings and lifted its annual sales ...
Best Buy Stock Drops. Following the earnings call, Best Buy stock (NYSE: BBY) dropped $10.52 to just under $103 per share at market close, a dip of 9.27%. Other big box retailers, including ...
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Best Buy stock doesn't look like it has much downside. Sales have already crashed, and the PC market has bottomed out. However, there's a significant upside if AI PCs trigger an upgrade cycle.