Why Best Buy Stock Lost 30% in March

Best Buy (NYSE: BBY) stock underperformed the market last month. Shares fell 30% compared to a 12.5% drop in the S&P 500, according to data provided by S&P Global Market Intelligence.

That slump added to significant declines so far in 2020, with the stock down 37% though early April.

Image source: Getty Images.

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Source Fool.com