TECHNOLOGY

Why Best Buy Is Tanking

08/22/2012 10:28 am ET | Updated Oct 22, 2012

Missing your Wall Street estimates is bad. Seeing your earnings decline is worse. And reporting a profit slump of 92 percent is, well, what big-box electronics retailer Best Buy did Tuesday morning. The shocking news sent the beleaguered company's stock spiraling to a nine-year low.

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