Published on 28 Jul 2022 on Market Watch
Shares of Best Buy Co. Inc. advanced 4.70% to $77.99 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.21% to 4,072.43 and the Dow Jones Industrial Average rising 1.03% to 32,529.63. This was the stock's second consecutive day of gains. Best Buy Co. Inc. closed $63.98 short of its 52-week high ($141.97), which the company reached on November 22nd.
The stock outperformed some of its competitors Thursday, as Apple Inc. rose 0.36% to $157.35, Amazon.com Inc. rose 1.08% to $122.28, and Walmart Inc. rose 2.50% to $129.75. Trading volume (7.8 M) eclipsed its 50-day average volume of 3.8 M.