Best Buy Co., Inc. (NYSE:BBY) decline in holiday sales, which triggered the biggest drop in its stock in more than a decade yesterday, is raising doubts over Chief Executive Officer Hubert Joly’s turnaround strategy. Best Buy Co., Inc. (NYSE:BBY) stock opened at $27.01 in last session, and closed at $24.43, while the day range of stock is $24.41 – $27.05. The stock showed a negative weekly performance of -35.39%.
GameStop Corp. (NYSE:GME) had its price target cut by Needham & Company from $60.00 to $55.00 in a research report sent to investors on Wednesday morning,AmericanBankingNews.com reports. The firm currently has a buy rating on the stock. GameStop Corp. (NYSE:GME) stock opened at $37.88, in last session and closed at $37.65, by losing -0.26%. The 52 week range of the stock is $22.57 – $57.74. Company’s market capitalization is $4.36 billion.
Some students and staff in Escambia County collected jeans for teens. Blue Angels Elementary teamed up with retail store “Aeropostale Inc (NYSE:ARO) ” — challenging students and staff to raise as many jeans as they can. Aeropostale Inc (NYSE:ARO) stock decreased -0.13% and finished the last session at $7.71. The EPS of the stock remained -0.92. Company’s market capitalization is $605.19 billion.
On Wednesday broadcast stocks including LIN Media LLC (NYSE:LIN) tied the decline to fear about Aereo litigation, ad trends, and M&A. In his view, weakness is “totally overdone.”LIN Media LLC (NYSE:LLC) stock opened the session at $24.50, and closed the session at $24.80. The 52 week range of the stock remained $8.71 – 29.24 and the day range was $24.50-25.12.
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