Best Buy Co. Inc. Stock Falls 5.3%, Underperforms Peers
Dow Jones2026/08/06 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Best Buy Co. Inc. slid 5.3% to $80.02 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,709.96 and Dow Jones Industrial Average falling 0.9% to 53,885.10.
This was the stock's second consecutive day of losses.
Best Buy Co. Inc. closed 12.3% short of its 52-week high of $91.27, which the company achieved on July 29th.
The stock underperformed when compared to some of its peers, as Apple Inc. rose 0.5% to $312.41, Amazon.com Inc. fell 0.1% to $272.26, and Home Depot Inc. fell 1.03% to $349.52.
Trading volume totaled 5.8 million, compared to the 50-day average of 4.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 06, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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