BBY

Best Buy Co., Inc. is a leading multinational retailer specializing in consumer electronics, home office products, entertainment items, and related services. Founded in 1966 as an audio specialty store called Sound of Music, it rebranded to Best Buy in 1983, shifting focus to a broader range of consumer electronics. Headquartered in Richfield, Minnesota, Best Buy operates extensively across the United States and Canada, offering products through both physical stores and online platforms.

As of February 24, 2025, Best Buy's stock (NYSE: BBY) is trading at $88.70, reflecting a slight decrease of $1.07 (approximately 1.19%) from the previous close. The day's trading range has been between $87.58 and $90.03, with an opening price of $89.56. Over the past year, the stock has experienced fluctuations, with a low of $69.29 and a high of $103.60. Recently, the company raised its 2025 profit outlook, leading to positive investor sentiment and a subsequent rise in stock price.