Best Buy Stock on Track for 7th-Straight Daily Win
Best Buy(BBY) Schaeffers Research·2024-02-29 16:22
Tech retailer Best Buy Co Inc (NYSE:BBY) announced a fourth-quarter earnings and revenue beat this morning thanks to holiday deals that bumped consumer demand. The company's comparable quarterly sales also fell less than anticipated. At last check, BBY was up 5.6% at $84.13.The security earlier hit its highest level since August, and is on track for a seventh-straight daily win and best day since December. The stock staged a bounce off its 20-day moving average, and added more than 14% in the last nine mont ...