Best Buy (BBY) Investors Cheer as CEO Dunn Resigns
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Get Alerts BBY Hot Sheet
Price: $85.73 -3.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.3%
Revenue Growth %: +1.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.3%
Revenue Growth %: +1.1%
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Shares of Best Buy (NYSE: BBY) are pushing higher just minutes after the opening bell following intraday news the company's CEO Brian Dunn has resigned. Best Buy said there were no disagreements between Dunn and the company.
Director G. Mike Mikan has been named interim CEO to lead the company while a search for a new CEO is underway.
Best Buy shares last traded at $23.37 after opening at $22.64. The stock is now up more than 3 percent from Monday's close.
Director G. Mike Mikan has been named interim CEO to lead the company while a search for a new CEO is underway.
Best Buy shares last traded at $23.37 after opening at $22.64. The stock is now up more than 3 percent from Monday's close.
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