Best Buy Gains, Akamai Rises, Newmont Slides
Today’s biggest winners and losers in the stock market. On this episode of Stock Movers:- Best Buy (BBY) shares advanced after reporting profit for the holiday-shopping season that was better than expected. Its revenue forecast for this year also met Wall Street estimates, giving investors confidence that the electronics chain won’t take a step backward. Adjusted earnings per share last quarter were $2.61, topping the average analyst estimate by 15 cents. Comparable sales trailed Wall Street projections. The company also boosted its dividend. Shares of the retailer rose as much as…
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