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Best Buy Co., Inc. (NYSE: BBY) shares dropped 28.59 percent to close at $26.83 a share Thursday. The stock traded between $25.78 and $28.20 on volume 84.67 million shares traded. The company announced that domestic comparable store sales declined 0.9 percent for the recent holiday period. Shares of Best Buy have gained approximately 90.0 percent in the past year.
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CSX Corporation (NYSE: CSX) shares declined 6.81 percent to close at $27.24 a share Thursday. The stock traded between $26.76 and $27.51 on volume 27.36 million shares traded. The company's CFO Fredrik Eliasson has stated that it will be difficult to meet its profit targets of 10.0 percent to 15.0 percent growth from 2013 through 2015. Shares of CSX have gained approximately 30.0 percent in the past year.
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Johnson & Johnson (NYSE: JNJ) shares declined 0.17 percent to close at $94.64 a share Thursday. The stock traded between $94.23 and $95.09 on volume 8.40 million shares traded. The company announced that it has received a binding offer from The Carlyle Group to acquire its Ortho-Clinical Diagnostics business for $4.15 billion. Shares of Johnson & Johnson have gained approximately 30.0 percent in the past year.
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UnitedHealth Group Inc. (NYSE: UNH) shares declined 2.78 percent to close at $72.76 a share Thursday. The stock traded between $72.15 and $74.84 on volume of 8.89 million shares traded. The company reported earnings for the fourth quarter of 2013 that fell just short of analysts’ expectations. Shares of UnitedHealth Group have gained approximately 35.0 percent in the past year.
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