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Shares of Best Buy Co. Inc. (BBY) slipped 4.31% to $102.25 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.18% to 4,513.04 and Dow Jones Industrial Average falling 1.34% to 34,022.04. This was the stock's sixth consecutive day of losses. Best Buy Co. Inc. closed $39.72 short of its 52-week high ($141.97), which the company reached on November 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.32% to $164.77, Amazon.com Inc. (AMZN) fell 1.81% to $3,443.72, and Walmart Inc. (WMT) fell 2.48% to $137.14. Trading volume (4.5 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2021.
(END) Dow Jones Newswires
December 01, 2021 16:39 ET (21:39 GMT)
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