This morning November retail sales missed consensus badly, which may alter the GDP forecast, it will also have negative effect on retailers for Q4 earnings.
Yesterday's BBY earnings post concluded: "I'm not making an earnings call here, but if I HAD to bet, I would say the reaction to earnings would not be favorable over the next few days."
Here's BBY on the open
Now down almost 12% on the day. See yesterday's post on BBY linked above.
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