Best Buy Investors Looking For Signs Of Stabilization

By | May 21, 2014

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Wall Street will be looking for signs of stabilization at Best Buy in its first-quarter earnings report out before the market open Thursday. In January, the consumer electronics retailer reported much weaker-than-expected U.S. holiday sales and investors punished the company’s stock. Best Buy (BBY) stock is down more than 35% this year, but it was up 1.3%, near 25, in midday trading on the stock market today. Analysts polled by Thomson Reuters Scalper1 News

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