Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Best Buy Co. Inc. Stock Falls 4.4%, Underperforms Peers

Best Buy Co. Inc. Stock Falls 4.4%, Underperforms Peers

Dow JonesDow Jones2026/08/27 20:35

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

Shares of Best Buy Co. Inc. slid 4.4% to $83.56 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,730.99 and the Dow Jones Industrial Average rising 0.2% to 53,569.44.

Best Buy Co. Inc. closed 8.4% below its 52-week high of $91.27, which the company reached on July 29th.

The stock underperformed when compared to some of its peers, as Apple Inc. rose 0.4% to $314.58, Amazon.com Inc. fell 1.5% to $256.26, and Home Depot Inc. fell 1.86% to $328.61.

Trading volume totaled 8.7 million, compared to the 50-day average of 3.6 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 27, 2026 16:35 ET (20:35 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Is the Federal Reserve repeating the 2022-style rate hikes? Bank of America warns: Rates may return above 5%, suggests shorting two-year U.S. Treasuries.

Bank of America warns: With Waller at the helm, the Federal Reserve may raise interest rates above 5%, potentially repeating the events of 2022.

智通财经2026/09/19 01:26

OpenAI is expected to burn over $278 billion in cash by 2030, with a revenue target of $350 billion over the same period.

OpenAI is expected to generate up to $278 billion in negative free cash flow over the next five years, driven solely by computing power and infrastructure, with cumulative spending projected to reach approximately $856 billion by 2030. The company anticipates revenue of $350 billion in 2030 and $36 billion in 2026, with total revenue from 2026 to 2030 amounting to around $840 billion.

华尔街见闻2026/09/19 00:51