Best Buy Co. Inc. Stock Slips 3.9%, Underperforms Peers
Dow Jones2026/08/20 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Best Buy Co. Inc. slid 3.9% to $85.73 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.9% to 7,641.16 and Dow Jones Industrial Average falling 1.3% to 52,759.21.
The stock's fall snapped a two-day winning streak.
Best Buy Co. Inc. closed 6.1% 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. fell 1.7% to $311.30, Amazon.com Inc. fell 2.2% to $260.11, and Home Depot Inc. fell 2.85% to $334.49.
Trading volume totaled 2.7 million, compared to the 50-day average of 3.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 20, 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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