Best Buy Shares Plunge After CEO Warns Record Growth Is Not 'New Normal' Best Buy's earnings report beat Wall Street expectations, but after weeks of record-highs, the CEO also warned that the growth is "not a new normal." That sent Best Buy shares down by more than 10 percent, as investors weighed whether the electronics retailer can compete with Amazon, Walmart and others. Best Buy's earnings report beat Wall Street expectations, but after weeks of record-highs, the CEO also warned that the growth is "not a new normal." That sent Best Buy shares down by more than 10 percent, as investors weighed whether the electronics retailer can compete with Amazon, Walmart and others. Business
Best Buy's earnings report beat Wall Street expectations, but after weeks of record-highs, the CEO also warned that the growth is "not a new normal." That sent Best Buy shares down by more than 10 percent, as investors weighed whether the electronics retailer can compete with Amazon, Walmart and others.
Read more on NPR
