Published on 30 Nov 2021 on Market Watch
Shares of Best Buy Co. Inc. shed 3.33% to $110.95 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.32% to 4,655.27 and the Dow Jones Industrial Average rising 0.68% to 35,135.94. This was the stock's fourth consecutive day of losses. Best Buy Co. Inc. closed $31.02 below its 52-week high ($141.97), which the company achieved on November 22nd.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. rose 2.19% to $160.24, Amazon.com Inc. rose 1.63% to $3,561.57, and Walmart Inc. fell 1.57% to $142.63. Trading volume (4.6 M) eclipsed its 50-day average volume of 2.6 M.