Best Buy (BBY) Shares Jump Nearly 17% Amid WSJ Report Schulze Exploring Buyout

June 26, 2012 3:53 PM EDT Send to a Friend
Shares of Best Buy (NYSE: BBY) have just gone parabolic, currently up 7.3 percent to $19.87. The stock jumped to a session high at $21.53 (up 16.6 percent). Shares were trading up just 5 percent prior to the spike.

The WSJ is reporting the company's Schulze is exploring a buyout.


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