Best Buy (BBY) Shares Jump Nearly 17% Amid WSJ Report Schulze Exploring Buyout
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Price: $25.86 +0.82%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.6%
Revenue Growth %: -19.1%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.6%
Revenue Growth %: -19.1%
Trade BBY Now!
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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The WSJ is reporting the company's Schulze is exploring a buyout.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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