|Bid||0.5920 x 900|
|Ask||0.6000 x 1400|
|Day's Range||0.5901 - 0.6150|
|52 Week Range||0.5100 - 6.3600|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Best Buy (NYSE:BBY) stock was moving down as the retailer received a downgrade to its stock due to a decline in sales in the company’s electronics category. Bank of America Merrill Lynch released a note on Monday that lowered its projection of the chain, reducing its rating to an “underperform,” which is its equivalent of a “sell” rating. Analysts added that it has been an especially rough go at it for Best Buy in terms of its iPhone sales in the month of December so far.
The last mile logistics provider said that it has reached a definitive stock purchase agreement to sell WPCS International – Suisin City, one of its subsidiaries. The move will be an all-cash transaction that is slated to be completed either on or before Dec. 31, 2018 as long as every condition in the deal is reached to the utmost satisfaction from both DropCar and Suisin.