Best Buy (BBY) reported third quarter adjusted earnings from continuing operations of $0.32 per share Thursday morning, up from $0.18 per share last year. Analysts expected EPS of $0.25.
Best Buy gapped open sharply higher Thursday, but traded in a range for the majority of the session. The stock closed up by 2.48 at $38.02, with volume at nearly a 3-month high. Best Buy has been climbing for the past month and set over a 10-month high.
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