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0.00060827250608269 0.00060827250608269 0.00060827250608269 0.00060827250608269 0.00182481751824824 0.00602189781021903 0.00206812652068129 -0.00510948905109491
Stock impact report

Stock Shoppers, Here's the Best of the Retail Sector Right Now [TheStreet.com]

Best Buy Co., Inc. (BBY) 
Last best buy co., inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: TheStreet.com
Starting today, Black Friday, consumers will be spending more time in retail stores as the holiday shopping season kicks into full gear. Concerns about a possible recession in 2023 have had a negative impact on the retail sector, but a few names have been surprisingly strong of late. Let's take a look at three of the best charts in the retail sector right now. Best Buy Almost one year ago to the day, Best Buy ( BBY ) closed at an all-time high of $138. Since then, shares of the electronic retail giant have fallen by 40%. On Tuesday, Best Buy gapped higher after the company's third-quarter earnings beat analysts'forecasts. Those forecasts had been reduced earlier due to fears of consumers balking at higher prices. As a result of the solid earnings report, Best Buy popped 10% higher on nearly six times its normal volume (arrow). The dramatic increase in turnover is a sign that institutions are loading up on the stock. Source of charts: TradeStation On Wednesday, Best Buy did some Show less Read more
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