Best Buy shares dive on news of Amazon Geek Squad competitor
Shares of Best Buy slid more than 7.5 percent on Monday following news from Recode that Amazon plans to launch its own Geek Squad service. Best Buy's Geek Squad helps customers setup and troubleshoot gadgets. Best Buy reported unexpected first quarter growth in May, when shares hit an all-time intraday high of $60.14. It attributed its strong quarterly...