Amazon To Put the Nail in Best Buy’s Coffin: Piper Jaffray – ValueWalk Premium
best buy

Amazon To Put the Nail in Best Buy’s Coffin: Piper Jaffray

 

Retailer Best Buy Co., Inc. (NYSE:BBY) has been going through troubled times. Its last earnings report was disappointing, with a miss on estimates and profits falling 52 percent from last year on revenues that declined 3 percent. The retailer suspended its stock repurchase program and also refused guidance for the balance of the year. A new CEO is soon to . . .

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