Shares of Best Buy Co. Inc. BBY, -0.28% sank 0.28% to $70.94 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.88% rising 0.88% to 4,780.94 and the Dow Jones Industrial Average DJIA, +0.54% rising 0.54% to 37,468.61.
This was the stock’s fifth consecutive day of losses.
Best Buy Co. Inc. closed $22.38 below its 52-week high ($93.32), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. AAPL, +3.26% rose 3.26% to $188.63, Amazon.com Inc. AMZN, +1.18% rose 1.18% to $153.50, and Home Depot Inc. HD, +0.62% rose 0.62% to $357.90.
Trading volume (2.3 M) remained 744,481 below its 50-day average volume of 3.0 M.