Saturday, May 27, 2017

News Flash: A Retailer Is Actually Doing Well!!

Best Buy stock soars after better-than-expected earnings

MINNEAPOLIS — Best Buy's shares surged 20 percent by midday Thursday and were on pace to hit an all-time high, signifying just how impressed investors were that the retailer was able to find sales growth amid an otherwise gloomy retail landscape. Higher sales in gaming amid the launch of the Nintendo Switch and sales that improved…