Technical Study: Best Buy Co. Inc., RadioShack Corp., GameStop Corp. and Conns
LONDON, October 15, 2013
LONDON, October 15, 2013 /PRNewswire/ --
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The U.S. equity market kicked off the week on a positive note on Monday,
October 14, 2013, as all three benchmark indexes edged higher. The S&P 500
gained 0.41%, while the Dow Jones Industrial Average and the NASDAQ Composite
rose 0.42% and 0.62% respectively. Shares in the electronics stores industry
ended mostly on a higher note, as the broader market advanced. The major
movers in the industry included Best Buy Co. Inc. (NYSE: BBY), RadioShack
Corporation (NYSE: RSH), GameStop Corporation (NYSE: GME), and Conn's Inc.
(NASDAQ: CONN). AAAResearchReports.com free coverage on BBY, RSH, GME, and
CONN is available upon registration at:
Best Buy Co. Inc.'s stock gained 0.89% on Monday, hitting a new 52-week high
of $39.66. The company's shares vacillated between $38.80 and $39.66 before
closing the day at $39.61. A total of 4.94 million shares were traded, which
is below the daily average volume of 5.21 million. The company's shares have
surged 33.23% in the previous three months and 9.24% in the last three trading
sessions, compared to a gain of 1.78% and 3.24% in the S&P 500 during the
respective periods. Additionally, Best Buy Co. Inc.'s stock is trading above
its 50-day and 200-day moving averages of $35.76 and $25.87, respectively.
Download free technical research on BBY by signing up at:
RadioShack Corp.'s stock plummeted on Monday, even as the broader market
posted gains. The company's shares closed the day at$3.24, down 2.99%, after
oscillating between$3.20 and $3.35 during the trading session. A total of
1.54 million shares were traded, which is significantly below the daily
average volume of 3.72 million. Despite Monday's losses, the company's shares
have advanced 10.96% in the previous three months, compared to a gain of 1.78%
in the S&P 500 during the same period. Furthermore, RadioShack Corp.'s stock
is trading above its 200-day moving average of $3.21. Register now and get
access to free analysis on RSH at:
On Monday, GameStop Corp.'s shares posted gains to end the day at $51.78,
which is 0.43% higher than the previous day's closing price of $51.56. The
company's shares fluctuated between $50.81 and $51.87 during the trading
session. A total of 1.24 million shares were traded, which is below the daily
average volume of 2.18 million. GameStop Corp.'s shares have gained 3.52% in
the previous three trading sessions and 19.94% in the last three months,
outperforming the S&P 500 which has advanced 3.24% and 1.78% during the
respective periods. Further, the company's stock is trading above its 50-day
and 200-day moving averages of $50.06 and $36.69, respectively. Sign up and
read our complimentary report on GME at:
Conn's Inc.'s stock rose 2.48% on Monday, extending the gains from the
previous trading session. The company's shares fluctuated between $58.23 and
$60.60 before ending the day at $60.30. A total of 0.90 million shares were
traded, which is slightly above the daily average volume of 0.87 million. The
company's shares have surged 12.35% in the last three trading sessions and
14.03% in the previous one month, outperforming the S&P 500 which has gained
3.24% and 1.31% during the respective periods. Moreover, Conn's Inc.'s stock
is trading above its 50-day and 200-day moving averages of $58.76 and $46.16,
respectively. The free report on CONN can be downloaded by signing up now at:
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