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Best Buy Co., Inc. shares rise 1.09% intraday amid mixed tech sector performance.
ByAinvest
Tuesday, Aug 12, 2025 9:39 am ET1min read
Best Buy Co., Inc. rose 1.09% in intraday trading. The company's stock price increase may be attributed to the overall positive sentiment in the tech sector, as indicated by the news that tech stocks are near all-time highs amid AI momentum. Additionally, the acquisition of Ovivo's electronics division by Ecolab for $1.8 billion may have contributed to the positive market sentiment, as it reflects a strong demand for ultra-pure water technologies in the semiconductor manufacturing industry.
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