Best Buy Slips on Unusually Low Volume – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/19062/Best+Buy+Slips+on+Unusually+Low+Volume+-+Zacks+Tale+of+the+TapePosted on Monday, April 13th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Best Buy Co Inc.’s (BBY) share price slipped approximately 1% today on unusually low volume, with 3.6 million shares traded versus the average daily volume of 11.2 million.
BBY is a Zacks #2 Rank (”Buy”) company, which topped expectations in 3 of the last 4 quarters.
The current fiscal year earnings estimate of $2.77 per share was raised from last month’s $2.35, as 16 out of 18 covering analysts revised upward.
“BBY” Free Stock Analysis: Buy? Sell? Hold?
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