BBY Jul 2024 80.000 call
- Yahoo Finance Video
GameStop rally, NYSE glitch, Best Buy upgrade: Market Domination
Stocks ended the day mixed (^DJI,^GSPC, ^IXIC), with the Dow Jones Industrial Average closing lower by 115 points while the S&P 500 and Nasdaq both posted gains. One of the biggest movers of the day was GameStop (GME), which saw its shares soar 21% after an account linked to meme stock trader Keith Gill, also known as "Roaring Kitty," posted a screenshot of a trading account with a $175 million stake in the video game retailer. The Wall Street Journal is now reporting that E-Trade is considering removing Gill from its platform over concerns about potential market manipulation. On the latest Market Domination, Jared Blikre reports on the NYSE glitch that showed Berkshire Hathaway Class A (BRK-A) shares down 99.9% at one point, Alexandra Canal breaks down the latest on the Skydance/Paramount (PARA, PARAA) deal, and Anjalee Khemlani discusses what the latest FDA consideration on Covid booster shots means for Novavax (NVAX). Julie Hyman and Josh Lipton discuss analyst calls on Tractor Supply Company (TSCO) and Best Buy (BBY). Finally, Rockland Trust Vice President and Portfolio Manager Michael Sayers and Halo Investing President Jason Barserma discuss some of their top plays ahead of the Federal Reserve's next rate decision. For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich.
- Investor's Business Daily
Best Buy Stock Reaches 80-Plus RS Rating Benchmark
On Tuesday, Best Buy stock received an upgrade to its Relative Strength (RS) Rating, from 76 to 81. IBD's proprietary RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of other stocks on the major indexes. Is Best Buy Stock A Buy?
- Zacks
Implied Volatility Surging for Best Buy (BBY) Stock Options
Investors need to pay close attention to Best Buy (BBY) stock based on the movements in the options market lately.
