NYSE:BBYSpecialty Retail
Is It Time To Reassess Best Buy (BBY) After Its Mixed Share Price Performance?
If you are looking at Best Buy and wondering whether the recent share price tells the full story about its value, you are not alone.
The stock closed at US$68.04, with a 3.8% gain over the last 7 days, a 3.6% decline over 30 days, a 1.6% decline year to date, and an 18.5% decline over 1 year. The 3 year and 5 year returns sit at 11.0% and 30.2% declines respectively.
These mixed returns have kept investors focused on how the market is reacting to ongoing shifts in consumer electronics demand...