Tuesday, July 11, 2017

Best Buy (BBY) Dropped On Concerns Over Competition From Amazon

Best Buy (BBY) gapped open sharply lower Monday and dropped during the first hour of trade. The stock was range-bound for the rest of the session and closed down by 3.64 at $54.23 on above average volume. Best Buy fell to a month and a half low and dropped below its 50-day moving average.

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