BBY - one crazy mofo, that stock... a few days ago, Goldman upgraded it... Since then it climbed up every day, with heavy volume (almost 4x of 90 day daily average volume)... Today in premarket it is down 7%...
Mess in news coverage:
1)
Negative holiday comp for Best Buy • 7:13 AM
Clark Schultz, SA News Editor
Mess in news coverage:
1)
Negative holiday comp for Best Buy • 7:13 AM
Clark Schultz, SA News Editor
- Best Buy (NYSE:BBY) reports domestic comparable-store sales decreased 2.6% during the holiday period.
- Comparable online sales were up 13.4% vs. the +23.5% pace of a year ago.
- The international comp was down 3.6% for the two-month period.
- Demand in the electronics categories was previously reported to lag overall holiday sales.
- Previously: Holiday retail sales something of a revelation (Jan. 08 2015)
- BBY -2.4% premarket.
2)
Positive holiday comp for Best Buy • 7:13 AM
Clark Schultz, SA News Editor
- Best Buy (NYSE:BBY) reports domestic comparable-store sales increased 2.6% during the holiday period.
- Comparable online sales were up 13.4% vs. the +23.5% pace of a year ago.
- The international comp was down 3.6% for the two-month period.
- Demand in the electronics categories was previously reported to lag overall holiday sales.
- Previously: Holiday retail sales something of a revelation (Jan. 08 2015)
- BBY -2.4% premarket.
Holiday comp positive
WTF
Hope is dangerous in this game.