Best Buy stock rises but underperforms competitors
Updated
Updated · MarketWatch · May 8
Best Buy stock rises but underperforms competitors
3 articles · Updated · MarketWatch · May 8
Summary
Shares gained 1.47% to $59.40 on Friday as the S&P 500 rose 0.84% to 7,398.93 and the Dow Jones Industrial Average added 0.02% to 49,609.16.
Best Buy lagged Apple, up 2.05%, and Amazon, up 0.56%, though it outperformed Home Depot, which fell 1.61%.
The stock remains 30.11% below its 52-week high of $84.99 reached on 27 October, while trading volume of 2.3 million was well below its 50-day average of 4.4 million.