Best Buy rises after electronic tariff exemptions

ReutersApr 14, 2025 11:49 AM

Electronics retailer Best Buy BBY shares up nearly 6% at $64 in premarket trading

U.S. President Donald Trump announced limited tariff exemptions on some electronics; tech stocks across Asia and Europe rise

Trump said special tariffs on phones and semiconductors will be determined in the upcoming week

BBY fell to a near-five year low of $55 last week

As of last close, BBY was down 29.5% YTD

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