BREAKING
Nexxen Q4 FY26 Earnings Results 12 hours ago Daktronics Q3 FY26 Earnings Results 12 hours ago Earnings Summary: SmartRent Returns to Growth in Q4FY25, Achieves Positive EBITDA. 14 hours ago Abercrombie & Fitch Q4 2025 Earnings Results 15 hours ago AutoZone (AZO) Q2 2026 earnings decline despite 8% sales growth 1 day ago Best Buy 4Q 2026: Earnings Analysis 2 days ago Earnings Summary: Zymeworks (ZYME) Q4 FY25 net loss widens 3 days ago Earnings Summary: A snapshot of Smith+Nephew’s (SNN) Q4 2025 report 3 days ago Earnings Summary: Norwegian Cruise Line (NCLH) Q4 FY25 revenue rises 6% 3 days ago Earnings Summary: Highlights of Calumet’s (CLMT) Q4 2025 earnings report 6 days ago Nexxen Q4 FY26 Earnings Results 12 hours ago Daktronics Q3 FY26 Earnings Results 12 hours ago Earnings Summary: SmartRent Returns to Growth in Q4FY25, Achieves Positive EBITDA. 14 hours ago Abercrombie & Fitch Q4 2025 Earnings Results 15 hours ago AutoZone (AZO) Q2 2026 earnings decline despite 8% sales growth 1 day ago Best Buy 4Q 2026: Earnings Analysis 2 days ago Earnings Summary: Zymeworks (ZYME) Q4 FY25 net loss widens 3 days ago Earnings Summary: A snapshot of Smith+Nephew’s (SNN) Q4 2025 report 3 days ago Earnings Summary: Norwegian Cruise Line (NCLH) Q4 FY25 revenue rises 6% 3 days ago Earnings Summary: Highlights of Calumet’s (CLMT) Q4 2025 earnings report 6 days ago
ADVERTISEMENT
Market News

Best Buy stock slips following burglary, new deal

Best Buy (BBY) stock closed 0.7% in red on Wednesday after news broke out of the Hollywood-inspired burglary at its Georgia outlet. The stocks were also reacting to the consumer electronics retailer’s announcement that it is heavily investing in distribution facility from Liberty Property Trust (LPT). Thieves broke into the store through the roof and […]

June 21, 2018 2 min read
Market News

Best Buy (BBY) stock closed 0.7% in red on Wednesday after news broke out of the Hollywood-inspired burglary at its Georgia outlet. The stocks were also reacting to the consumer electronics retailer’s announcement that it is heavily investing in distribution facility from Liberty Property Trust (LPT). Thieves broke into the store through the roof and […]

· June 21, 2018

Best Buy (BBY) stock closed 0.7% in red on Wednesday after news broke out of the Hollywood-inspired burglary at its Georgia outlet. The stocks were also reacting to the consumer electronics retailer’s announcement that it is heavily investing in distribution facility from Liberty Property Trust (LPT).

Thieves broke into the store through the roof and rappelled down as you would see in a Tom Cruise flick, before stealing $100,000 worth of Apple (AAPL) products including MacBooks, iPads, and iPhones from the storeroom.

[youtube https://www.youtube.com/watch?v=k-oVuQpjG3s]

Since surveillance cameras were not installed here, the video footages of the incident were not available. Meanwhile, it is expected that surveillance video footages from the nearby areas might provide cops with some clues on the robbers’ identity. Police offices are probing whether the incident has any connection with other roof burglaries that have happened earlier in Florida and Texas.

On the same day, another report also grabbed some limelight. Best Buy said it has signed a lease agreement with Liberty Property Trust to rent 57,120 square feet at Liberty Ridge Business Park in Durham, NC. The retailer plans to use this distribution facility, which is likely to open this summer, as a home-delivery center for large appliances.

Best Buy stock had been trading between $55.17 and $75.86 for the past 52 weeks.