Daily Finance Market Minute: Investors Sour on a Major Electronics Retailer [VIDEO]

By DailyFinance  OCT 25, 2012 9:45 AM

A stock that's already down is about to get worse.

 


Best Buy (NYSE:BBY) is anything but a best buy. The stock is down 28% so far this year, and it’s about to get worse. It warns that third-quarter earnings are likely to miss already weak expectations… and sales continue to decline. It’s also shaking up its management.

Meanwhile, Zynga (NASDAQ:ZNGA) hasn’t lost its game after all. Shares of the social game maker have been pounded recently, but the company is set to bounce back today despite posting a quarterly loss. It announced a stock buyback and plans for a joint venture with a real-money, overseas gaming company. You can only go so far with virtual money.

For more, click on the image below to play the Daily Finance Market Minute video.


 
No positions in stocks mentioned.