Best Buy (NYSE: BBY) was one of the most resilient brick-and-mortar retailers throughout the pandemic. Its sales of PCs and other consumer electronics soared as more people worked from home, while its timely e-commerce investments supported its accelerating digital sales.
But as the lockdowns ended and more people returned to work, Best Buy's growth stalled out. After closing at an all-time high of $134.11 per share last November, its stock price tumbled back to the low $70s.
Image source: Best Buy.
Source Fool.com