Shares of Best Buy Co., Inc. (BBY) dropped 4% on Wednesday morning after the announcement of the CEO transition.
The stock is currently trading at $63.82, down $2.77 or 4.16%, on the NYSE. It opened at $63.71 after closing the previous session at $66.59. The stock has traded between $59.77 and $84.99 over the past 52 weeks.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.