Why Investors Were Plowing Into Best Buy Stock Today

The company is adding third-party sellers to its online and mobile stores, widening its reach and appeal with consumers.On Tuesday, Best Buy (BBY 3.22%) announced a dramatic expansion of its online store, and investors rewarded the company by bidding its stock price up. Shares of the sturdy electronics retailer closed the trading session more than 3% higher, on a day when the S&P 500 index slumped by 0.6%. A better outlet for Best BuyWell before market open Tuesday morning, Best Buy announced that its new B ...