Best Buy’s Stock Price Falls to a Millennium Low
Filed under: Earnings, Retail, Stocks in the News, Best Buy
More black days are ahead for the blue shirts of Best Buy (BBY).
Shares of the consumer electronics giant were crushed on Tuesday after another disappointing quarter. The stock sunk to levels that Best Buy investors hadn’t seen since the 1990s. Then again, it’s a safe bet that many of those shareholders wish that they could go back in time to relive the chain’s glory years.
Unfortunately, the future doesn’t look very encouraging.
Let’s go over some of the reasons why Best Buy has fallen to a…
Best Buy’s Stock Price Falls to a Millennium Low originally appeared on DailyFinance.com on 2012-11-21T12:03:00Z.
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