Best Buy (BBY) is turning around a three-year decline in sales growth — but it’s not enough to keep investors anxious about tariffs on consumer electronics satisfied.
Shares plummeted 13% on Tuesday as investors digested the “uncertainty of tariffs” and their potential impact, Telsey Advisory Group Joe Feldman told Yahoo Finance. Feldman said he wasn’t surprised at the market reaction, adding, “excluding tariffs, the 2025 guidance was solid.”
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