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Shares of Best Buy Co. Inc. (BBY) plunged 12.31% to $121.01 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.17% to 4,690.70 and the Dow Jones Industrial Average rising 0.55% to 35,813.80. The stock's fall snapped a three-day winning streak. Best Buy Co. Inc. closed $20.96 short of its 52-week high ($141.97), which the company achieved on November 22nd.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) rose 0.24% to $161.41, Amazon.com Inc. (AMZN) rose 0.21% to $3,580.04, and Walmart Inc. (WMT) rose 0.71% to $145.81. Trading volume (15.9 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2021.
(END) Dow Jones Newswires
November 23, 2021 16:39 ET (21:39 GMT)
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