Best Buy Co. Inc. Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Best Buy (BBY) shares fell 3.08% to $84.43 on Thursday, underperforming the broader market and snapping a two-day winning streak. The decline occurred during a grim trading session where the S&P 500 and Dow Jones also dropped. Best Buy closed 3.34% below its 52-week high of $87.35. Trading volume was lower than the 50-day average.
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Shares of Best Buy Co. Inc. (BBY) slid 3.08% to $84.43 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.21% to 7,408.30 and Dow Jones Industrial Average falling 0.97% to 51,711.65.
The stock's fall snapped a two-day winning streak.
Best Buy Co. Inc. closed 3.34% short of its 52-week high of $87.35, which the company reached on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. (AAPL) fell 1.30% to $321.66, Amazon.com Inc. (AMZN) fell 4.57% to $233.66, and Home Depot Inc. (HD) fell 2.03% to $324.71.
Trading volume (3.1 M) remained 1.3 million below its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 23, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
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07-23-26 1709ET