Today's Technical View: Best Buy, GameStop, RadioShack, and hhgregg
LONDON, July 9, 2013
LONDON, July 9, 2013 /PRNewswire/ --
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On Monday, July 8, 2013, shares in electronics store operators ended mostly
higher, tracking gains in the broader market, which rose for a third
successive trading session. Major movers in the industry included Best Buy Co.
Inc. (NYSE: BBY), GameStop Corp. (NYSE: GME), RadioShack Corporation (NYSE:
RSH), and hhgregg Inc. (NYSE: HGG). All these companies are tracked by
AAAResearchReports.com. Free in-depth technical analysis on BBY, GME, RSH, and
HGG are currently available upon sign up at:
Shares in Best Buy Co. Inc. edged higher on Monday, extending their gains from
previous trading sessions. The company's shares hit a 52-week high of $30.33
before finishing the day 0.98% higher at $30.02. A total of 5.73 million
shares were traded which is below the daily average volume of 5.96 million.
Best Buy's shares have gained 4.64% in the last three trading sessions and
15.64% in the last three months, thus outperforming the S&P 500 during both
the periods. Sign up for free technical analysis on BBY at:
GameStop Corp.'s stock edged lower on Monday, reversing some of its recent
gains. The company's shares recorded a new 52-week high of $43.31 before
finishing the day 0.84% lower at $42.63. A total of 2.35 million shares were
traded which is below the daily average volume of 4.42 million. GameStop's
shares have gained 1.09% in the last three trading sessions and 40.88% in the
last three months. Download free report on GME by registering at:
Shares in RadioShack Corporation moved lower on Monday, extending their losses
from previous trading sessions. The company's shares fluctuated between $3.08
and $3.22 before ending the day 0.96% lower at $3.10. A total of 1.68 million
shares were traded which is below the daily average volume of 1.97 million.
RadioShack's shares have fallen 3.13% in the last three trading sessions.
However, the company's shares are still trading above its 200-day moving
average. The free report on RSH can be downloaded by signing up now at:
hhgregg, Inc.'s stock rose sharply on Monday, closing at $15.89, up 2.52% from
its previous closing price. The company's shares oscillated between $15.36 and
$15.97. A total of 167,011 shares were traded which is below the daily average
volume of 336,213. hhgregg's shares are currently trading near their 52-week
high of $17.71. In the last three months, the stock has gained 26.92%, thus
outperforming the S&P 500. A free report on HGG can be accessed by registering
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